(English Medium)
Academic Year: 2016-2017
Date & Time: 12th April 2017, 11:00 am
Duration: 2h
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Attempt all Questions From Question 1 to Question 4
Attempt any four questions From Question 5 to Question 10
How does land differ from other factors of production with respect to its supply?
Chapter: [0.01] Factors of Production
What is meant by cost-push inflation?
Chapter: [0.02] Elementary Theory of Demand
With the help of a diagram define perfectly elastic demand
Chapter:
Identify the type of division of labour in an automobile industry. Explain.
Chapter: [0.01] Factors of Production
With suitable examples differentiate between complementary goods and substitute goods.
Chapter: [0.02] Elementary Theory of Demand
Why is supply directly proportional to price?
Chapter: [0.02] Elementary Theory of Demand
Explain briefly anyone determinant of an exceptional demand curve.
Chapter: [0.02] Elementary Theory of Demand
Mention one contingent function of money.
Chapter: [0.06] Meaning and Functions of Money
Explain briefly the impact of the cost of production on the elasticity of supply.
Chapter: [0.04] Theory of Supply
How does proportional tax differ from progressive tax?
Chapter: [0.1] Public Revenue
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Capital depreciates. Explain
Chapter: [0.01] Factors of Production
What is meant by the double coincidence of wants? How does money overcome this problem?
Chapter: [0.06] Meaning and Functions of Money
Explain COPRA. What is its objective?
Chapter: [0.14] Consumer Awareness
Indirect taxes sometimes helps in social reforms. Explain.
Chapter:
Distinguish between fixed capital and floating capital.
Chapter: [0.01] Factors of Production
How does money act as a standard of deferred payment?
Chapter: [0.06] Meaning and Functions of Money
Define public expenditure.
Chapter: [0.11] Public Expenditure
What is meant by consumer awareness?
Chapter: [0.14] Consumer Awareness
Mention one difference between demand deposits and time deposits
Chapter: [0.07] Commercial Banks
Suggest three methods to improve the efficiency of Indian labour.
Chapter: [0.01] Factors of Production
What is meant by capital formation
Chapter: [0.01] Factors of Production
Explain three causes of low capital formation in India.
Chapter: [0.01] Factors of Production
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Mention an important difference between a Commercial Bank and the Central Bank.
Chapter: [0.08] Central Bank
Explain briefly three methods adopted by Commercial Banks to advance credit to borrowers.
Chapter: [0.08] Central Bank
Define the term ‘Entrepreneur’.
Chapter: [0.01] Factors of Production
Discuss three ways by which an entrepreneur promotes economic growth.
Chapter: [0.01] Factors of Production
With the help of suitable diagram explain the meaning of rightward shift in the demand curve. Explain briefly any two of its determinants.
Chapter: [0.02] Elementary Theory of Demand
Name the institution which enjoys the monopoly of note issue
Chapter:
Explain bankers bank function of a Central bank.
Chapter: [0.08] Central Bank
Explain "Banker to the Government" function of the Central Bank.
Chapter: [0.08] Central Bank
State the law of supply.
Chapter: [0.04] Theory of Supply
Explain any three factors other than price which determines supply in the market.
Chapter:
Explain the meaning of the following term:
Impact
Chapter:
Explain the meaning of the following term:
Shifting
Chapter:
Explain the meaning of the following term:
Incidence
Chapter:
To which tax are these terms relevant? Explain any one merit and two demerits of this tax.
Chapter:
Mention one way by which consumers are exploited in the market.
Chapter: [0.14] Consumer Awareness
Explain clearly three reasons as to why consumers are exploited.
Chapter: [0.14] Consumer Awareness
Public expenditure in India has increased over the years. Explain four principal reasons for its increase.
Chapter: [0.11] Public Expenditure
What is inflation impact on debtors?
Chapter: [0.02] Elementary Theory of Demand
Explain the following:
Creeping inflation
Chapter: [0.02] Elementary Theory of Demand
Explain the following:
Walking inflation
Chapter: [0.02] Elementary Theory of Demand
With the help of a suitable example, explain the meaning of geographical or territorial division of labour.
Chapter: [0.01] Factors of Production
Discuss any three advantages of the division of labour.
Chapter: [0.01] Factors of Production
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CISCE previous year question papers ICSE Class 10 Economics with solutions 2016 - 2017
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