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Chapters
2: Forms of Business Organisation
3: Private, Public and Global Enterprises
4: Business Services
5: Emerging Modes of Business
6: Social Responsibilities of Business and Business Ethics
7: Formation of a Company
8: Sources of Business Finance
9: Small Business and Entrepreneurship
10: Internal Trade
11: International Business
![NCERT solutions for Business Studies [English] Class 11 chapter 1 - Business, Trade and Commerce - Shaalaa.com](/images/business-studies-english-class-11_6:dafb50a35a754154a68e3a3d4b29c3e5.jpg "NCERT solutions for Business Studies [English] Class 11 chapter 1 - Business, Trade and Commerce")
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Solutions for Chapter 1: Business, Trade and Commerce
Below listed, you can find solutions for Chapter 1 of CBSE NCERT for Business Studies [English] Class 11.
NCERT solutions for Business Studies [English] Class 11 1 Business, Trade and Commerce Short Answer Questions [Page 26]
List any five major commercial cities of ancient India
What is Hundi?
List the major exports and imports in ancient India.
What were the different types of Hundi in use by traders in ancient times?
What do you understand by maritime trade?
State the different types of economic activities.
Why is business considered an economic activity?
State the meaning of business.
How would you classify business activities?
What are the various types of industries?
Explain any two business activities which are auxiliaries to trade.
What is the role of profit in business?
What is business risk?
What is the nature of business risk?
NCERT solutions for Business Studies [English] Class 11 1 Business, Trade and Commerce Long Answer Questions [Page 26]
Discuss the development of indigenous banking system in Indian subcontinent.
Define business.
Describe the important characteristics of business.
Compare business with profession and employment.
Define industry.
Explain various types of industries giving examples.
Describe the activities relating to commerce.
Explain any five objectives of business.
Explain the concept of business risk.
Explain the causes of business risk.
What factors are to be considered while starting a business? Explain.
Solutions for 1: Business, Trade and Commerce
NCERT solutions for Business Studies [English] Class 11 chapter 1 - Business, Trade and Commerce
Shaalaa.com has the CBSE Mathematics Business Studies [English] Class 11 CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Business Studies [English] Class 11 CBSE 1 (Business, Trade and Commerce) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.
Concepts covered in Business Studies [English] Class 11 chapter 1 Business, Trade and Commerce are Concept of Business, Business, Profession and Employment, Classification of Business Activities, Objectives of Business - Economic and Social, Role of Profit in Business, Human and National, Introduction to Business, Trade and Commerce, Role of Business in the Development of Economy, Meaning of Industry, Commerce, Auxiliaries to Trade, Concept of Business Risk, Nature of Business Risk, Types of Trade, Trade, Causes of Business Risk, Basic Factors of Starting a Business.
Using NCERT Business Studies [English] Class 11 solutions Business, Trade and Commerce exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Business Studies [English] Class 11 students prefer NCERT Textbook Solutions to score more in exams.
Get the free view of Chapter 1, Business, Trade and Commerce Business Studies [English] Class 11 additional questions for Mathematics Business Studies [English] Class 11 CBSE, and you can use Shaalaa.com to keep it handy for your exam preparation.
