NCERT Solutions for Class 11 राजनीतिक विज्ञान Business Studies Chapter 2 Forms Of Business Organization

Forms Of Business Organization Here is the CBSE राजनीतिक विज्ञान Chapter 2 for Class 11 students. Summary and detailed explanation of the lesson, including the definitions of difficult words. All of the exercises and questions and answers from the lesson's back end have been completed. NCERT Solutions for Class 11 राजनीतिक विज्ञान Forms Of Business Organization Chapter 2 NCERT Solutions for Class 11 राजनीतिक विज्ञान Forms Of Business Organization Chapter 2 The following is a summary in Hindi and English for the academic year 2025-26. You can save these solutions to your computer or use the Class 11 राजनीतिक विज्ञान.

Question 1

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Give the meaning of a sole proprietorship organization.

Solution

Sole proprietorship is the form of business which is owned, managed and controlled by an individual.
According to S. R. Davar, 'The sole trader is a person who carries on business of his own, that is, without the assistance of a partner. He brings in his own capital and uses all his labour.'.