Date: March 2013
Attempt All Question From Question 1 to Question 4
Attempt Any Four Question From Question 5 to Question 10
Discuss any five advantages of having a bank account.
Chapter: [0.042] Banking
What is the difference between the impact of taxation and incidence of taxation?
Chapter: [0.031] Meaning and Scope of Public Finance
What is meant by cost-push inflation?
Chapter: [0.021] Meaning of Demand and Supply
State two factors causing cost-push inflation.
Chapter: [0.021] Meaning of Demand and Supply
The bus fare between two cities is reduced. How will this affect the demand curve for bus travel between the two cities?
Chapter: [0.021] Meaning of Demand and Supply
Differentiate the following with examples:
Real capital and debt capital
Chapter: [0.01] The Productive Mechanism
State Distinguish between the simple division of labour and complex division of labour?
Chapter: [0.01] The Productive Mechanism
What is meant by expenditure tax? Give an example.
Chapter: [0.031] Meaning and Scope of Public Finance
How does money solve the problem of lack a common measure of value that existed under the barter system?
Chapter: [0.040999999999999995] Money
How does the nature of a good effect its elasticity of demand?
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
Explain briefly the five agency functions of a commercial bank.
Chapter: [0.042] Banking
Explain three causes of low efficiency of labour in India.
Chapter: [0.01] The Productive Mechanism
Mention any two forms of consumer exploitation.
Chapter: [0.05] Consumer Awareness
(i) Define Public debt.
(ii) What are Redeemable debts?
(iii) Mention two examples of unproductive debt.
Chapter: [0.033] Public Debt
Indirect taxes are regressive in nature. How can they be made progressive?
Chapter: [0.031] Meaning and Scope of Public Finance
Distinguish between demand deposits and fixed deposits.
Chapter: [0.042] Banking
Indicate the degree of elasticity of a supply curve parallel to the X-axis.
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
Distinguish between creeping inflation and running inflation.
Chapter: [0.021] Meaning of Demand and Supply
How does money act as a standard of deferred payment?
Chapter: [0.040999999999999995] Money
Briefly explain the importance of public expenditure in the industrial development of developing countries.
Chapter: [0.032] Public Expenditure
Distinguish between statutory liquidity ratio and cash reserve ratio.
Chapter: [0.042] Banking
What is meant by an increase in demand?
Chapter: [0.021] Meaning of Demand and Supply
Discuss any four factors affecting price elasticity of demand.
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
Define land.
Chapter: [0.01] The Productive Mechanism
Explain the importance of land as a factor of production.
Chapter: [0.01] The Productive Mechanism
Define supply.
Chapter: [0.021] Meaning of Demand and Supply
State the law of supply.
Chapter: [0.021] Meaning of Demand and Supply
Define a consumer and give two examples.
Chapter: [0.05] Consumer Awareness
Explain the importance of educating consumers of their rights.
Chapter: [0.05] Consumer Awareness
Name the institution which enjoys the monopoly of note issue
Chapter: [0.042] Banking
Briefly explain two qualitative methods of credit control adopted by this institution.
Chapter: [0.042] Banking
Define labour.
Chapter: [0.01] The Productive Mechanism
Explain four important characteristics of labour as a factor of production.
Chapter: [0.01] The Productive Mechanism
What is meant by food adulteration? Give an example.
Chapter: [0.05] Consumer Awareness
Mention two harmful effects of food adulteration
Chapter: [0.05] Consumer Awareness
Name any one measure formulated to prevent the problem of food adulteration in India.
Chapter: [0.05] Consumer Awareness
Explain two methods adopted by Commercial banks to advance loans to the general public.
Chapter: [0.042] Banking
Why is the income of an entrepreneur residual in nature? Discuss any three functions of an entrepreneur.
Chapter: [0.01] The Productive Mechanism
Distinguish between Voluntary debt and compulsory debt
Chapter: [0.033] Public Debt
Distinguish between Regressive tax and degressive tax
Chapter: [0.031] Meaning and Scope of Public Finance
Define a tax. Explain briefly two merits and two demerits of direct taxes.
Chapter: [0.031] Meaning and Scope of Public Finance
Define inflation.
Chapter: [0.021] Meaning of Demand and Supply
Discuss the effects of inflation on Fixed income groups
Chapter: [0.021] Meaning of Demand and Supply
Discuss the effects of inflation on Producers.
Chapter: [0.021] Meaning of Demand and Supply
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CISCE previous year question papers Class 10 Economics with solutions 2012 - 2013
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