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Private, Public and Global Enterprises

CBSE · Class 11 · Business Studies

Complete topic list for Private, Public and Global Enterprises in CBSE Class 11 Business Studies. Key concepts, sub-topics, and what to focus on for board exams.

120 questions80 flashcards5 concepts

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4 Topics · CBSE Class 11 Business Studies

Topics in Private, Public and Global Enterprises

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1. Private Sector and Public Sector

  • The Indian economy is a mixed economy because both privately owned and government owned business enterprises operate in it.
  • The economy is divided into two broad sectors: private sector and public sector.
  • Private sector business is owned by individuals or a group of individuals.
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2. Forms of Organising Public Sector Enterprises

  • Public enterprises may take three forms: departmental undertaking, statutory corporation, and government company.
  • The choice of form depends on the nature of operations and the relationship with the government.
  • Public enterprises are expected to serve economic development and are accountable to the public through Parliament.
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3. Departmental Undertakings

  • Departmental undertakings are established as departments of the ministry and are part of the government itself.
  • They are not independent legal entities.
  • Their funding comes directly from the Government Treasury as an annual budget appropriation.
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4. Statutory Corporations

  • Statutory corporations are public enterprises brought into existence by a Special Act of Parliament.
  • The Act defines their powers, functions, rules, regulations, and relationship with government departments.
  • They are corporate bodies with defined powers and functions and are financially independent.

Key Concepts

Central concept: Business enterprises in a mixed economy: private sector, public sector, global enterprises, joint ventures, and public private partnership

Mixed economyPrivate sectorPublic sectorGlobal enterprisesJoint venturesPublic Private PartnershipChanging role of public sectorIndustrial policy changes

Frequently Asked Questions

What are the important topics in Private, Public and Global Enterprises for CBSE Class 11 Business Studies?
Private, Public and Global Enterprises covers several key topics that are frequently asked in CBSE Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Private, Public and Global Enterprises — CBSE Class 11 Business Studies?
Understand the core concepts first, then work through the 120 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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All 11 chapters — CBSE Class 11 Business Studies Syllabus

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