(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Economics

Discuss any two contingent functions of money.

Define supply.

Explain four causes of inflation.

What is meant by quantitative credit control?

Distinguish between creeping inflation and running inflation.

Briefly explain the importance of public expenditure in the industrial development of developing countries.

Distinguish between statutory liquidity ratio and cash reserve ratio.

Discuss any four factors affecting price elasticity of demand.

Discuss the effects of inflation on Fixed income groups

Discuss the effects of inflation on Producers.

The demand for salt is ______.

What are normal goods? Give two examples.

Give two assumptions of the law of supply.

Briefly explain any two merits of direct taxes.

Give two differences between recurring deposits and fixed deposits.

What is an overdraft facility?

Explain its impact on the producers and salaried class.

Briefly discuss any two quantitative measures adopted by the Reserve Bank of India to control credit.

Mention two causes of Consumer Exploitation. 

What is meant by Public Expenditure? Explain three reasons for an increase in public expenditure in India.