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

Distinguish between Joint demand and Composite demand. 

Distinguish between derived demand and composite demand.

Explain the following concept with examples.

Industrialisation

Which of the following is not a characteristic of land?

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

Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:

Timely completion of projects undertaken.

Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:

Decision taking.

Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:

Managerial efficiency.

Citing reasons, evaluate the performance of private sector over public sector enterprises in the following case:

Attention towards consumer satisfaction.

Explain time utility with an example.

Demand for milk is an example of composite demand.

State two ways by which increase in public expenditure can promote growth in backward areas.

Identity the pair of goods which are substitutes of each other: 

Explain how Public Sector Enterprises can remove regional imbalance.

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.

Define joint demand.

Choose the correct term for the given definition. 'An activity which creates an economic value'.

Identify the incorrect statement from the following:

Define composite demand.

People, by opening a bank account, can keep their surplus money safe in bank and can earn interest income too.