Updated On : July 30, 2022
ICSE Class 12 Business Studies Syllabus Deleted Portion for session 2020-21 part-wise, is mentioned below:-
Meaning, definition and distinction between sole proprietorship, partnership, private limited company and public limited company.
A basic understanding of the following: Equity and preference shares, debentures and bonds, retained profits, public deposits, loans, trade credit, discounting of bills of exchange, global depository receipt, Angel investors, venture capitalists, crowdfunding, peer to peer funding.
i). Regulators and Intermediaries.
Meaning of the terms Regulators and Intermediaries.
(ii) Role of Regulators and Intermediaries.
(a) Reserve Bank of India (RBI): Indian banks, foreign banks, Non-Banking Financial Companies (NBFC).
(b) Securities and Exchange Board of India (SEBI): stock exchanges, stock brokers, merchant bankers, depositories, mutual funds and credit rating agencies.
(c) Insurance Regulatory and Development Authority of India (IRDA): insurance companies, insurance agents and insurance brokers.
(d) Pension Fund Regulatory and Development Authority (PFRDA): pension funds and pension aggregators.
(e) Food Safety and Standards Authority of India (FSSAI): food processors, food packers.
(f) Bureau of Indian Standards (BIS): ISI mark given to industrial goods, consumer electrical goods, steel manufacturers