Ncert Solutions Class 11 Commerce
In addition to research, development, training,, publication, and dissemination activities, NCERT is the unit implementing bilateral cultural exchange programmes with countries in the field of school education. NCERT also interacts and cooperates with international organisations, and provides various training facilities for education officials in developing countries. Class 11 is a new step in the learning process of students in the Indian school education system. It lays the foundation for higher education and exposes students to a completely new learning environment with a more vast and diverse curriculum. It is important to consider Class 11 as a significant academic milestone for getting good comprehension of concepts that willbe indispensable for further education. Students can find solutions to the exercises provided in the NCERT textbooks prescribed for various disciplines of the Commerce stream in NCERT Solutions Class 11 Commerce. Class 11 imparts the conceptual understanding necessary for higher studies. Students can get help from NCERT Solutions Class 11 Commerce for all subjects of Commerce. Commerce, Mathematics and Science are the foundation of higher education. The concepts and formulas taught in Class 11 have proven to be very useful in later stages of study.
Commerce as a Stream helps students gain in-depth knowledge of Business, Accounting, Finance, and Economics. The main elements of the Commerce stream are Economics, Accounting, and Business Administration. These are also the major subjects taught in the school curriculum of Commerce for classes 11 and 12. Students who like calculations and are interested in Business and Economics are encouraged to choose this subject, and for the easy solutions of NCERT books, they can refer to NCERT Solutions Class 11 Commerce.
Commerce basically imparts knowledge about different activities that take place in the diverse world of business, such as buying and selling goods and services from manufacturers to buyers. It is designed to develop knowledge related to business to enhance the financial literacy and analytical skills of learners. Those who are intrigued by phenomena like fluctuations in the economy and trading scenarios will definitely prefer studying Commerce. Trending career opportunities associated with the field of Commerce include:
The Financial Expert is perfect for anyone who understands the details of savings and has a keen interest in managing finances. Financial planners provide financially-based advice to individuals or businesses to help them achieve their short-term or long-term financial goals.
Investment Analysts are an integral part of a country’s finances, gathering information and conducting research on stocks, bonds, stocks, and commodities. They focus on their niche to become experts in their field and provide their customers with the right information.
A company secretary is a senior position in a company responsible for the efficient management of the company. This course is ideal for those who are good at business administration and business theory.
Financial Analysts are in high demand in the financial industry. These professionals participate in researching macroeconomic and microeconomic scenarios, gathering financial information and business fundamentals to execute dynamic growth plans.
The Financial Planner is perfect for anyone who understands the minute details of savings and has a keen interest in managing finances. Financial Planners provide financially-based advice to individuals or businesses to help them achieve their short-term or long-term financial goals.
Portfolio managers are responsible for making important investment decisions, thereby conducting investment activities on behalf of individuals or institutions, and performing demanding tasks. Managers are expected to keep a close eye on the economic fluctuations around them.
Commerce NCERT Solutions for Class 11 – Free PDF Download
Students choose the Commerce stream for the purpose of attaining the eligibility to undertake competitive examinations like the CA Foundation Examination or for attaining higher education in versatile fields like Management from prestigious colleges. This segment of the article provides basic knowledge about the contents of this stream and the solutions that are available on NCERT Solutions Class 11 Commerce.
The significance of the Commerce Stream can be stated as follows:
- The purpose of the academic discipline of Commerce is to figure out ways to meet the growing needs of humans.
- The knowledge of Commerce connects manufacturers, sellers, and customers in the market.
- The application of concepts of Commerce helps in the planning of strategies to enhance wealth and national income.
- The knowledge of Commerce facilitates the smooth operation of international trade.
- The knowledge of Commerce helps in the management of fiscal needs in conditions of financial emergencies.
The growth level and standard of living of citizens are related to the trade situation of each country. There is no national growth without commercial growth. People’s demand is not limited to products made in their own country. They also demand goods made in other countries. These key points are made clear, and students come to understand the trade flow. Students should access the Extramarks website to learn commerce-related concepts, including chapter-by-chapter NCERT solutions on NCERT Solutions Class 11 Commerce, sample papers, and more for Class 11 and Class 12 commerce. All the solutions of commerce can be downloaded in the form of NCERT Solutions Class 11 Commerce.
NCERT Solutions for Class 11 Commerce
Accountancy is the field of study which encapsulates the act of recording, assigning, and delineating a company’s business transactions. It provides an assessment of management relative to facility financial results and rankings. Some accounting tasks include recording, classifying, and reporting transactions. When information is produced as reports for individuals or businesses that are used outside the organisation, the process is known as “financial accounting.” All the solutions of NCERT textbooks related to the theme of accounting are available in the NCERT Solutions Class 11 Commerce.
Business Studies is a broad area of study in the Social Sciences that allows for in-depth study of certain specialised fields. These include Finance, Accounting, Marketing, and Organisation. It provides individuals with a concrete understanding of how a business operates while enhancing their skills in communication, operations, strategy, and business operations. The solutions pertaining to the exercises on this topic have been compiled in NCERT Solutions Class 11 Commerce.
Economics can be explained in many ways. It’s a lesson in scarcity, a lesson in how people can best use resources. It helps people understand how individuals, businesses, and governments make decisions about declared resources to meet their demands and needs. It also helps determine how individuals or organisations need to organise and coordinate in order to determine expected outcomes. Class 11 and Class 12 solutions of the exercises linked to this subject are available in NCERT Solutions Class 11 Commerce
Informatics Practices is a software-related field of study.Topics mainly include software, networking concepts, and coding. This area corresponds to the field of Information Technology while excluding the concepts of hardware. It focuses more on networking concepts than on computer science. All the solutions for this theme of Commerce can be downloaded in the form of NCERT Solutions Class 11 Commerce from the Extramarks educational website.
Mathematics is an important part of the conceptualisation of trading because all economic methods depend on numbers. With a basic knowledge of mathematical principles, an individual and an organisation will be able to understand their current and future financial positions. Most organisations apply concepts of Mathematics to Inventory Management, Marketing, Accounting, Financial Analysis, and Sales Forecasting. Solutions related to the same can be downloaded from Extramarks as NCERT Solutions Class 11 Commerce.
Statistics for the Economy
In economic theory, there are many concepts such as functional relationships between variables, which are asserted in the form of symbols, Algebra, Calculus, and so on. In order to consider some facts about economic and social phenomena, economic theories must be better understood and analysed according to the appropriate data. The study of numbers, also known as statistics, presents facts expressed in numbers. NCERT textbooks are helpful in understanding the basic concepts of Statistics and their solutions are easily accessible on Extramarks through NCERT Solutions Class 11 Commerce.
Why Do We Need to Refer to NCERT Solutions for Class 11 Commerce?
NCERT (National Council for Education, Research and Training) was founded in 1961. The books compiled by the NCERT are nationally accepted and recommended. The courses of many academic disciplines are based primarily on information collected from NCERT. It is necessary for students who are new to Commerce stream to familiarise themselves with the NCERT books. The NCERT Solutions Class 11 Commerce could constitute the basis of the study of Commerce which could eventually help students in their preparation for the board examinations. These solutions are extremely advantageous for gaining basic core concepts and developing students’ strong grasp of the subjects. Therefore, it is important for students to understand the concepts and solve the in-text questions. Accordingly, for credible solutions, students can refer to NCERT Solutions Class 11 Commerce.
Here is a General Overview of All the Topics Covered in Class 11 Commerce Subjects:
Commerce as a course of study can be interpreted as the study of business and commercial activities, such as the series of exchanges of goods and services from producers to customers. Major subjects included in the NCERT Class 11 Commerce are Accounting, Economics, Business Administration, Statistics, Mathematics, and Computer Science. Solutions for the same are available in NCERT Solutions Class 11 Commerce produced by Extramarks.
There are various combinations of subjects a student can choose from in Class 11 and Class 12.
- Accountancy is a mandatory subject. For all the Class 11 Commerce NCERT Solutions of the subject matter of Accountancy, students can refer to NCERT Solutions Class 11 Commerce.
- Business Studies is also a compulsory subject. All the solutions to the exercises of this subject are available on NCERT Solutions Class 11 Commerce.
- Economics (Mandatory)All the solutions included in NCERT Solutions For Class 11 Commerce can be downloaded from NCERT Solutions Class 11 Commerce.
- English is also a mandatory subject for students of Classes 11 and 12. Solutions can be accessed on the Extramarks website.
- Informatics Practices/ Mathematics are also crucial subjects. All the solutions for these subjects are available as NCERT Solutions Class 11 Commerce.
- Physical Education is an Optional Subject.
Students can refer to the digital learning platform of Extramarks for the solutions of NCERT Solutions Class 11 Commerce.
Why Do We Prefer Extramarks Class 11 Commerce Solutions?
Extramarks is an online learning platform for students. From study notes to live online sessions to NCERT solutions like NCERT Solutions Class 11 Commerce, Extramarks allows candidates to gain in-depth knowledge on various topics.
Extramarks has a panel of subject matter experts to assist students with their doubts and queries. The NCERT Solutions Class 11 Commerce can also guide students with regard to the resolution of their queries.
Furthermore, students can also prepare for competitive examinations like JEE, NEET, CA Foundation, etc., with the assistance of the NCERT Solutions Class 11 Commerce.
In the context of the traditional setup of the classroom, every teacher has a distinct pedagogy or style of teaching. Teachers are expected to impart knowledge with careful consideration of accommodating the requirements of the prescribed curriculum within a predetermined time period. With e-learning resources like the NCERT Solutions Class 11 Commerce, teachers can overcome the limitations of time and reliable academic resources. These solutions are equipped with a structured and regular training program that is suitable for students. Students can access NCERT Solutions Class 11 Commerce which are quality learning assets on the Extramarks learning portal. Extramarks offers mentoring from highly qualified teachers as well as numerous interactive learning opportunities for all students.Students can download the Extramarks mobile application and feasibly access NCERT Solutions Class 11 Commerce to deepen their knowledge.
FAQs (Frequently Asked Questions)
1. What are the chapters covered in Important Questions of Class 11 for the discipline of Business Studies?
The Important Chapters of the curriculum of Business Studies for Class 11 are:
Chapter 1 – Business, Trade and Commerce
Chapter 2 – Forms of Business Organisation
Chapter 3 – Private, Public and Global Enterprises
Chapter 4 – Business Services
Chapter 5 – Emerging Modes of Business
Chapter 6 – Social Responsibilities of Business and Business Ethics
Chapter 7 – Formation of a Company
Chapter 8 – Sources of Business Finance
Chapter 9 – Small Business
Chapter 10 – Internal Trade
Chapter 11 – International Business
The solutions of all these chapters can be found in NCERT Solutions Class 11 Commerce on the website of Extramarks.
2. What is the number of prescribed textbooks for Class 11 Business Studies books? Where can students find NCERT Solutions for the same?
The Central Board of Secondary Education (CBSE) has prescribed a single book for Class 11 Business Studies. This book has been published by NCERT and is available in English and Hindi. There are a total of 10 chapters in this book, which have been divided into two parts. Part A consists of six units that deal with the knowledge of business fundamentals, and Part B covers the remaining four units that deal with financial and business knowledge. Students can refer to NCERT Solutions Class 11 Commerce for a better understanding of these chapters.
3. What are the important chapters in Class 11 Business Studies?
Class 11 Business Studies contains a total of 10 chapters and the solutions on NCERT Solutions Class 11 Commerce are prepared in a simple way for students to understand. The most important chapters of Business Studies are Chapter 7 – Sources of Business Finance, Chapter 8 – Small Business, Chapter 9 – Internal Trade, and Chapter 10 – International Business. They are regarded as the most important chapters because they carry a greater weight than all other chapters in the syllabus.Students can refer to NCERT Solutions Class 11 Commerce for Important Questions and answers for CBSE Class 11 Business Studies for better preparation for these chapters.
4. What is the prescribed academic curriculum for the students of the Commerce stream of classes 11 and 12 under the CBSE Board?
For Commerce Class 11 and 12 students, there are five compulsory subjects: Accounting, Business Administration, Economics, Mathematics/Computer Science, and English. In addition to these subjects, electives such as Hindi and Physical Education are also offered. All the solutions of prescribed NCERT books for all these disciplines are enclosed in NCERT Solutions Class 11 Commerce
5. What are the Solutions of NCERT?
There are a lot of in-text Questions in NCERT books prescribed by CBSE and other State boards. All the solutions of NCERT textbooks are available in PDF format and in online versions of NCERT Solutions Class 11 Commerce on the website of Extramarks. Apart from the solutions of Class 11 and Class 12, Extramarks also provide solutions for different Classes such as NCERT Solutions Class 12 for Class 12, NCERT Solutions Class 11 for Class 11, NCERT Solutions Class 10 for Class 10, NCERT Solutions Class 9 for Class 9, NCERT Solutions Class 8 for Class 8, NCERT Solutions Class 7 for Class 7 and NCERT Solutions Class 6 for Class 6.