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

A state where 'too much money chases too few goods' represents ______.

Cost push inflation is the consequence of ______.

Demand pull inflation may be caused by ______.

Inflation is only caused by demand pull factors.

What is demand pull inflation?

What is cost push inflation?

Give two causes of demand pull inflation.

Give two causes of cost push inflation.

How does increased money supply affect prices in an economy?

Explain four causes of inflation.

Efficiency of Indian labour is low because of ______.

Which of the following causes low efficiency of Indian labour?

Give two reasons for low efficiency of Indian workers.

State two reasons for low capital formation in a developing economy.

Give three causes of slow rate capital formation in India.

Explain how taxes can bring about equality in income distribution.

Identity the correct statement from the following:

______ are worst affected during the period of inflation. 

Observe the relationship of the first pair of words and complete the second pair. 

During inflation the debtors gain.

During inflation the ______ lose.

Purchasing power of money falls when ______.