List of top Economics Questions asked in ICSE Class X board

Outline two primary reasons why economists consider that the supply of land is fixed.
Define the term Regenerative Tax.
Define the concept of consumer capitalism.
“Risk bearing is the backbone of entrepreneurship.” Justify the statement.
What is meant by the "Margin Requirement" on invested capital?
In which type of market do both buyers and sellers have accurate and complete information about market conditions?
Which of the following is NOT a cause of Cost Push Inflation?
The Government of India borrows a large sum of money from international financial institutions to build highways and modernize railways. This situation is an example of:
Goods like fruit and vegetables are both described as examples of which type of market form?
During the time of inflation, the Central Bank will _ _ _ _ _ _ _ in order to control the inflation.
State the relationship to the plan pair of rights and consumer the relevant pair.
Household and farming utility are considered as consumer goods. From which of the following pairs is considered as complementary goods?
Someone is a trained nurse who offers services to a hospital. Once her duty hours end, she cannot carry forward her usual services to the next day.
Assertion (A): Commercial banks accept various types of deposits to meet the needs of different customers.
Reason (R): Fixed deposits allow consumers to deposit money for a specific period and earn high interest, while current deposits do not help in earning interest but help in frequent transactions for businesses.
Assertion (A): Commercial banks accept various types of deposits to meet the needs of different customers.
Reason (R): Fixed deposits allow consumers to deposit money for a specific period and earn high interest, while current deposits do not help in earning interest but help in frequent transactions for businesses.
The following supply curve shifts from S1 to S2. It may be due to:
Statement 1: Income tax, GST, and Custom Duties are examples of Tax Revenues.
Statement 2: Excise and Forfeitures are also part of Tax Revenues.
Which of the following leads to a situation where people are unable to trade with each other?
What will be the elasticity of demand for the given commodity as shown in the picture?
When income increases, the demand for type of goods will increase:
When ABC Electronics implemented division of labour, the workers became more productive. This happened due to _ _ _ _ _ _ _