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July 12th, 2014, 02:13 PM
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ICSE board exam class X last year paper of Economics
I need the ICSE board exam class X last year paper of Economics, will you please provide me the same??? As per your request here I am sharing the ICSE board exam class X last year paper of Economics: SECTION A (40 Marks) Attempt all questions from this Section Question 1 (a) Land is heterogeneous in nature. Explain. [2] (b) What is meant by efficiency of labour? Give one reason for low efficiency of labour in India. [2] (c) Mention two important characteristics of Capital as a factor of production. [2] (d) State two qualities of a successful entrepreneur. [2] (e) Mention two factors which gave birth to the Consumer Movement. [2] Question 2 (a) What are inferior goods? Give an example. [2] (b) Mention two reasons behind the leftward shift of a supply curve. [2] (c) What is meant by Price Elasticity of Demand? When will the Demand Curve be parallel to X-axis? [2] (d) Draw: (i) Unitary Elastic Supply curve (ii) Perfectly Inelastic supply curve [2] (e) Define Food Adulteration. Name two health problems caused due to adulterated food. [2] Question 3 (a) Mention two merits of direct tax. [2] (b) What is public expenditure? [2] (c) What is meant by productive and unproductive debt? [2] (d) State two differences between progressive and proportional taxation. [2] (e) Where should the consumer go to get justice? Mention two consumer rights. [2] Question 4 (a) State two primary functions of money. [2] (b) What is meant by double co-incidence of wants? [2] (c) Mention two advantages of a bank account. [2] (d) Briefly explain Creeping and Hyper inflation. [2] (e) Which section of society gains due to inflation? Why? [2] SECTION B (40 Marks) Attempt any four questions from this Section Question 5 (a) Explain five reasons for the low rate of capital formation in India. [5] (b) What is meant by division of labour? Explain two advantages and two disadvantages of division of labour. [5] Question 6 (a) Define demand. Explain any four factors affecting the demand for a commodity. [5] (b) Distinguish between contraction of supply and decrease in supply with the help of diagrams. [5] Question 7 (a) Give five reasons for the growth of public expenditure in recent times. [5] (b) What is a tax? Explain two merits and two demerits of progressive tax structure. [5] Question 8 (a) Define money. Explain various stages in the evolution of money. [5] (b) Explain five measures adopted by the Central Bank to control inflation. [5] Question 9 (a) Give five ways by which the consumers are exploited? [5] (b) Explain the following rights given to consumers: (i) Right to be informed. (ii) Right to choose. [5] Question 10 (a) Explain five circumstances under which the law of demand does not operate. [5] (b) State five differences between the Central Bank and a Commercial Bank. [5] Last edited by Neelurk; May 28th, 2020 at 09:44 AM. |
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