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Question Bank Solutions for ICSE Class 10 - CISCE - Economics

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Economics
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Why do small farmers suffer during inflation?

[1] The Productive Mechanism
Chapter: [1] The Productive Mechanism
Concept: Factors of Production Land
Appears in 1 question paper

Explain any one factor that affects the supply of a commodity.

[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 1 question paper

A list of goods is given below. Stale whether it is fixed capital or circulating capital

  1. Machines
  2. Raw material
  3. Fuel
  4. Office furniture
[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 1 question paper

With the help of an example explain the term productive debt.

[3.03] Public Debt
Chapter: [3.03] Public Debt
Concept: Concept for Public Debt
Appears in 1 question paper

How is land different from labour?

[1] The Productive Mechanism
Chapter: [1] The Productive Mechanism
Concept: Factors of Production Land
Appears in 1 question paper

Draw a diagram showing a perfectly elastic demand curve

[2.02] Elasticity of Demand and Elasticity of Supply
Chapter: [2.02] Elasticity of Demand and Elasticity of Supply
Concept: Elasticity of Demand and Elasticity of Supply
Appears in 1 question paper

With help of an example explain the term complementary goods.

[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 1 question paper

Name any two sources of external debt for India.

[3.03] Public Debt
Chapter: [3.03] Public Debt
Concept: Concept for Public Debt
Appears in 2 question papers

Why is India considered to be in a virtual debt trap?

[3.03] Public Debt
Chapter: [3.03] Public Debt
Concept: Concept for Public Debt
Appears in 1 question paper

With the help of a graph explain the relatively inelastic demand for a commodity.

[2.02] Elasticity of Demand and Elasticity of Supply
Chapter: [2.02] Elasticity of Demand and Elasticity of Supply
Concept: Elasticity of Demand and Elasticity of Supply
Appears in 1 question paper

Discuss any five advantages of having a bank account.

[4.02] Banking
Chapter: [4.02] Banking
Concept: Commercial Banks: Functions
Appears in 2 question papers

Define the term demand.

[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 1 question paper

Explain any three factors that affect the demand for a commodity.

[2.02] Elasticity of Demand and Elasticity of Supply
Chapter: [2.02] Elasticity of Demand and Elasticity of Supply
Concept: Elasticity of Demand and Elasticity of Supply
Appears in 1 question paper

Discuss any five reasons for the growth of public expenditure in India.

[3.02] Public Expenditure
Chapter: [3.02] Public Expenditure
Concept: Concept for Public Expenditure
Appears in 1 question paper

How does land differ from other factors of production with respect to its supply?

[1] The Productive Mechanism
Chapter: [1] The Productive Mechanism
Concept: Factors of Production Land
Appears in 1 question paper

What is meant by cost-push inflation?

[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 2 question papers

With the help of a diagram define perfectly elastic demand

[2.02] Elasticity of Demand and Elasticity of Supply
Chapter: [2.02] Elasticity of Demand and Elasticity of Supply
Concept: Elasticity of Demand and Elasticity of Supply
Appears in 1 question paper

With suitable examples differentiate between complementary goods and substitute goods.

[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 1 question paper

Why is supply directly proportional to price?

[2.01] Meaning of Demand and Supply
Chapter: [2.01] Meaning of Demand and Supply
Concept: Concept for Demand and Supply
Appears in 1 question paper

Explain briefly anyone determinant of an exceptional demand curve.

[2.02] Elasticity of Demand and Elasticity of Supply
Chapter: [2.02] Elasticity of Demand and Elasticity of Supply
Concept: Elasticity of Demand and Elasticity of Supply
Appears in 1 question paper
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Question Bank Solutions for ICSE Class 10 CISCE Economics. You can further filter Question Bank Solutions by subjects and chapters. Solutions for most of the questions for CISCE can be found here on shaalaa.com. You can use these solutions to prepare for your studies and ace in exams. Solving questions is a great way to practice and with shaalaa.com, you can answer a question and then also check your answer with the solutions provided.
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