List of top Questions asked in ICSE Class X board

State and explain any three causes of the type of inflation described above.
Identify the type of inflation described in the above extract.
How are consumers exploited by retailers?
Define the term demand.
Define Public Debt.
Explain any three causes of growth of Public Expenditure.
State and explain any five characteristics of Capital.
State and explain any three types of direct tax.
What is Public Expenditure?
Define the barter system of exchange.
List the last three stages in the evolution of money.
Explain any three characteristics of the classified market.
State any four differences between Commercial Banks and Central Bank.
(A) Land is one of the most important factors of production. In this context, explain the factors that affect the productivity of land.
Ravi deposits ₹ 50,000 in his savings account in a commercial bank. The bank loans a part of this money to give loans to another customer. This process is repeated with other deposits and borrowers.
Identify whether Ravi's deposit is primary or derivative.
The elasticity of demand tends to be higher in the long run than in the short run.
Give a reason for your choice.
State one point of difference between fundal debt and unfunded debt.
Explain the meaning of Hyperinflation.
Outline two primary reasons why economists consider that the supply of land is fixed.
Define the term Regenerative Tax.
What is meant by the "Margin Requirement" on invested capital?
“Risk bearing is the backbone of entrepreneurship.” Justify the statement.
Define the concept of consumer capitalism.