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

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State one exception to the law of supply.

[3] Theory of Supply
Chapter: [3] Theory of Supply
Concept: undefined >> undefined

Choose the correct order of capital formation.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

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The extent of division of labour depends on the size of the market. Briefly explain.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

State any two factors which determine capital formation in a country.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

'Savings is essential for capital formation.' Explain.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

Explain in brief the first stage of capital formation.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

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

Single-use and multiple use machinery.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

Mobilisation of savings is an important step in ______.

[8] Capital and Capital Formation
Chapter: [8] Capital and Capital Formation
Concept: undefined >> undefined

Explain any three benefits of efficiency of labour.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined

A state where 'too much money chases too few goods' represents ______.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Cost push inflation is the consequence of ______.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Demand pull inflation may be caused by ______.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Inflation is only caused by demand pull factors.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

What is demand pull inflation?

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

What is cost push inflation?

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Give two causes of demand pull inflation.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Give two causes of cost push inflation.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

How does increased money supply affect prices in an economy?

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Explain four causes of inflation.

[15] Money and Inflation
Chapter: [15] Money and Inflation
Concept: undefined >> undefined

Efficiency of Indian labour is low because of ______.

[7] Labour
Chapter: [7] Labour
Concept: undefined >> undefined
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