APC I.S.C. Commerce Textbook for Class 11

The text material of the book has been divided into eleven chapters to enable the students to have a logical grasp of various topics prescribed in the latest syllabus. The book is intended to serve the following aims:

• To familiarize the students with the basic concepts of business, commerce trade and industry.
• To help the students in analyzing the comparative merits and demerits of different forms of organization.
• To educate the students about the popularity of joint stock companies and the procedure involved in promotion and incorporation of a company.
• To acquaint the students with the working knowledge of stock exchange, internal trade and external trade.
• To enable the students appreciate the role of banking and insurance in the smooth conduct of business.

The salient features of the book include the following:

• The edition covers fully the latest syllabus of Commerce for class XI prescribed by the Council for ISCE.
• The subject-matter has been presented in a simple language and lucid style for the benefit of beginners in the discipline of Commerce.
• Adequate emphasis has been given on conceptual clarity, working of business processes and application of basic concepts to satisfy the three learning objectives, i.e., knowledge, Understanding and Application.
• Appropriated diagrams, tables and boxes have been given to make the subject self-explanatory.
• Summary has been given at the end of each chapter for the quick revision of the topics covered.
• To facilitate self-examination by the students, short-answer type and essay-type questions have been asked in a logical sequence at the end of each chapter.
• To test the analytical skills of the students, application-oriented questions have been asked at the end of each chapter.
• Question Bank which includes suggested answers to short-answer type questions has been given at the end of each chapter.