(English Medium)
Academic Year: 2017-2018
Date: March 2018
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Attempt all Question From Question 1 to Question 4
Attempt any four questions From Question 5 to Question 10
Give two reasons as to why the division of labour is an advantage to the producer?
Chapter: [0.01] Factors of Production
Define the term cementer awareness.
Chapter: [0.14] Consumer Awareness
Why do small farmers suffer during inflation?
Chapter: [0.01] Factors of Production
Define the term labour as a factor of production.
Chapter: [0.01] Factors of Production
Explain any one factor that affects the supply of a commodity.
Chapter: [0.02] Elementary Theory of Demand
What do you understand by the term 'near money'?
Chapter: [0.06] Meaning and Functions of Money
A list of goods is given below. Stale whether it is fixed capital or circulating capital
- Machines
- Raw material
- Fuel
- Office furniture
Chapter: [0.02] Elementary Theory of Demand
With the help of an example explain the term productive debt.
Chapter:
Explain any two characteristics of capital.
Chapter: [0.01] Factors of Production
How is land different from labour?
Chapter: [0.01] Factors of Production
Draw a diagram showing a perfectly elastic demand curve.
Chapter: [0.03] Elasticity of Demand
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With help of an example explain the term complementary goods.
Chapter: [0.02] Elementary Theory of Demand
Name any two sources of external debt for India.
Chapter:
Differentiate between creeping and running inflation.
Chapter:
Mention two ways by which efficiency of labour can be improved.
Chapter: [0.01] Factors of Production
What does the term 'nationalisation of banks' mean?
Chapter:
Why is India considered to be in a virtual debt trap?
Chapter:
Give any two reasons for giving the monopoly right of note issue to the Central Bank.
Chapter: [0.08] Central Bank
Mention any two duties of a consumer.
Chapter: [0.14] Consumer Awareness
Give any five differences between product and process-based division of labour.
Chapter: [0.01] Factors of Production
Explain any five rights of the consumers as accepted by the Indian law.
Chapter: [0.14] Consumer Awareness
How do the manufacturers and traders exploit the consumers?
Chapter: [0.14] Consumer Awareness
Explain the role of an entrepreneur in the economic development of the country.
Chapter: [0.01] Factors of Production
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How is a commercial bank different from a central bank?
Chapter:
With the help of a graph explain the relatively inelastic demand for a commodity.
Chapter: [0.03] Elasticity of Demand
Discuss any five advantages of having a bank account.
Chapter:
What is meant by the term demand-pull inflation?
Chapter:
Discuss any three causes of demand-pull inflation.
Chapter:
Define the term demand.
Chapter: [0.02] Elementary Theory of Demand
Explain any three factors that affect the demand for a commodity.
Chapter: [0.02] Elementary Theory of Demand
Why are articles of distinction or the Veblen are effect an exception to the law of demand?
Chapter:
Discuss any five reasons for the growth of public expenditure in India.
Chapter: [0.11] Public Expenditure
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CISCE previous year question papers ICSE Class 10 Economics with solutions 2017 - 2018
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