Date & Time: 12th April 2017, 11:00 am
Duration: 2h
Attempt all Questions From Question 1 to Question 4
Attempt any four questions From Question 5 to Question 10
How does land differ from other factors of production with respect to its supply?
Chapter: [0.01] The Productive Mechanism
What is meant by cost-push inflation?
Chapter: [0.021] Meaning of Demand and Supply
With the help of a diagram define perfectly elastic demand
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
Identify the type of division of labour in an automobile industry. Explain.
Chapter: [0.01] The Productive Mechanism
With suitable examples differentiate between complementary goods and substitute goods.
Chapter: [0.021] Meaning of Demand and Supply
Why is supply directly proportional to price?
Chapter: [0.021] Meaning of Demand and Supply
Explain briefly anyone determinant of an exceptional demand curve.
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
What is meant by unproductive public debt?
Chapter: [0.033] Public Debt
Mention one contingent function of money.
Chapter: [0.040999999999999995] Money
Explain briefly the impact of the cost of production on the elasticity of supply.
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
How does proportional tax differ from progressive tax?
Chapter: [0.031] Meaning and Scope of Public Finance
Capital depreciates. Explain
Chapter: [0.01] The Productive Mechanism
What is meant by the double coincidence of wants? How does money overcome this problem?
Chapter: [0.040999999999999995] Money
Explain COPRA. What is its objective?
Chapter: [0.05] Consumer Awareness
Indirect taxes sometimes helps in social reforms. Explain.
Chapter: [0.031] Meaning and Scope of Public Finance
Distinguish between fixed capital and floating capital.
Chapter: [0.01] The Productive Mechanism
How does money act as a standard of deferred payment?
Chapter: [0.040999999999999995] Money
Define public expenditure.
Chapter: [0.032] Public Expenditure
What is meant by consumer awareness?
Chapter: [0.05] Consumer Awareness
Mention one difference between demand deposits and time deposits
Chapter: [0.042] Banking
Define labour.
Chapter: [0.01] The Productive Mechanism
Suggest three methods to improve the efficiency of Indian labour.
Chapter: [0.01] The Productive Mechanism
What is meant by capital formation
Chapter: [0.01] The Productive Mechanism
Explain three causes of low capital formation in India.
Chapter: [0.01] The Productive Mechanism
Mention an important difference between a Commercial Bank and the Central Bank.
Chapter: [0.042] Banking
Explain briefly three methods adopted by Commercial Banks to advance credit to borrowers.
Chapter: [0.042] Banking
Define the term ‘Entrepreneur’.
Chapter: [0.01] The Productive Mechanism
Discuss three ways by which an entrepreneur promotes economic growth.
Chapter: [0.01] The Productive Mechanism
With the help of suitable diagram explain the meaning of rightward shift in the demand curve. Explain briefly any two of its determinants.
Chapter: [0.022000000000000002] Elasticity of Demand and Elasticity of Supply
Name the institution which enjoys the monopoly of note issue
Chapter: [0.042] Banking
Explain bankers bank function of a Central bank.
Chapter: [0.042] Banking
Explain "Banker to the Government" function of the Central Bank.
Chapter: [0.042] Banking
State the law of supply.
Chapter: [0.021] Meaning of Demand and Supply
Explain any three factors other than price which determines supply in the market.
Chapter: [0.021] Meaning of Demand and Supply
Explain the meaning of the following terms:
Impact
Chapter: [0.031] Meaning and Scope of Public Finance
Explain the meaning of the following terms:
Shifting
Chapter: [0.031] Meaning and Scope of Public Finance
Explain the meaning of the following terms:
Incidence
Chapter: [0.031] Meaning and Scope of Public Finance
To which tax are these terms relevant? Explain any one merit and two demerits of this tax.
Chapter: [0.031] Meaning and Scope of Public Finance
Mention one way by which consumers are exploited in the market.
Chapter: [0.05] Consumer Awareness
Explain clearly three reasons as to why consumers are exploited.
Chapter: [0.05] Consumer Awareness
Public expenditure in India has increased over the years. Explain four principal reasons for its increase.
Chapter: [0.032] Public Expenditure
What is meant by the term “Inflation’? What is its impact on debtors?
Chapter: [0.021] Meaning of Demand and Supply
Explain the following: Creeping inflation
Chapter: [0.021] Meaning of Demand and Supply
Explain the following: Walking inflation
Chapter: [0.021] Meaning of Demand and Supply
Explain the following: Hyperinflation
Chapter: [0.021] Meaning of Demand and Supply
With the help of a suitable example explain the meaning of geographical or territorial division of labour.
Chapter: [0.01] The Productive Mechanism
Discuss any three advantages of division of labour.
Chapter: [0.01] The Productive Mechanism
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CISCE previous year question papers Class 10 Economics with solutions 2016 - 2017
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