(English Medium) ICSE Class 10 - CISCE Important Questions

What do you mean by 'innovative ability' of an entrepreneur?

Explain complex division of labour with the help of an example.

Define capital.

Explain any three characteristics of capital.

What do you understand by the term 'Capital formation'?

Explain any three factors which affect capital formation.

The Indian labour suffers from low efficiency. Explain your answer with three reasons for low efficiency of Indian labour.

What do you understand by ‘changing pattern of land use’? 

Explain any three such changes causing destruction to the ecosystem.

Identify the factors of production of the following case and differentiate between them.

An active and passive factor of production.

Which of the following is not a correct match?

Name the factors of production.

Explain briefly the role of public sector enterprises in developing the industries with strategic importance.

Explain any three problems of public sector undertakings in India.

Public sector units made a commendable contribution to the Indian economy in the early phase of planned development. Explain any four contributions of PSU’s to the Indian economy.

The policy of converting public ownership of an asset to private ownership is ______.

What is Privatization?

State three reasons why privatization is not always desirable.

______ implies an introduction of private ownership in public sector enterprises. 

Explain any two reasons for privatisation.