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Question Bank Solutions for ICSE Class 10 - CISCE - Economics

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What is meant by unproductive public debt?

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

Explain briefly the impact of the cost of production on the elasticity of supply.

[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

What is meant by the double coincidence of wants? How does money overcome this problem?

[4.01] Money
Chapter: [4.01] Money
Concept: Concept for Barter System
Appears in 1 question paper

Define public expenditure.

[3.02] Public Expenditure
Chapter: [3.02] Public Expenditure
Concept: Concept for Public Expenditure
Appears in 2 question papers

Mention an important difference between a Commercial Bank and the Central Bank.

[4.02] Banking
Chapter: [4.02] Banking
Concept: Commercial Banks: Functions
Appears in 1 question paper

With the help of suitable diagram explain the meaning of rightward shift in the demand curve. Explain briefly any two of its determinants.

[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

Public expenditure in India has increased over the years. Explain four principal reasons for its increase.

[3.02] Public Expenditure
Chapter: [3.02] Public Expenditure
Concept: Concept for Public Expenditure
Appears in 3 question papers

What is meant by the term “Inflation’? What is its impact on debtors?

[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 the following: Creeping 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

Explain the following: Walking inflation

[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 the following: Hyperinflation

[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 two rights of a consumer.

[5] Consumer Awareness
Chapter: [5] Consumer Awareness
Concept: Concept of Consumer Rights
Appears in 1 question paper

What is meant by the contraction in 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

Mention the degree of price elasticity of demand for the following goods:

(1) cosmetics

(2) medicine

(3) school uniform

(4) air conditioners

[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

Explain briefly two factors affecting the productivity of the land.

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

Complete the following demand schedule:

Price (in Rs) Quantity of mangoes demanded (in kgs)
350. 00 2
300.00  
250.00  
200.00  
150.00  
100.00  
[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

Draw a perfectly inelastic supply 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

What is the impact of the level of technology on supply?

[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 creeping inflation considered good for an economy?

[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

Mention two differences between fixed deposits and demand deposits.

[4.02] Banking
Chapter: [4.02] Banking
Concept: Commercial Banks: Functions
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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