icse economic applications question paper 2014 sample model papers class 10th or x icse class 10th or x economic applications model sample mock test question paper for 2014 exam, this icse class 10th or x economic applications question are based on the syllabus but here some of the question may out of syllabus, just for your better exam preparation. If you need more icse class 10th or x economic applications sample model paper for 2014 or icse class 10th or x economic applications mock test paper with or with out solutions for 2014 exam, you can request us just post a comment check end of this page , for better preparation you can also check icse class 10th or x economic applications reference books. The indian certificate of secondary education has been designed to provide an examination in a course of general education, in accordance with the recommendations of the new education policy 1986, through the medium of english.

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Candidates who are preparing for the indian certificate of secondary education icse class 10 exam, can find out what kind of questions were asked in this exam in the year 2014. Questions from economic applications paper of icse exam 2014 are as follows: instructions: attempt all questions from part i and any four questions from part ii. State whether the following statements are true or false. A the price elasticity of demand for commodities, having close substitutes is relatively high. B rate of taxation depends upon the income groups in a progressive tax structure seller.

C the price level in a perfectly competitive market is determined by an individual seller. Answer the following: a draw and briefly explain a perfectly inelastic supply curve. B how does the practice of shifting cultivation affect the environment adversely? c in which form of market do producers and consumers have perfect knowledge about the market conditions? d state two measures taken by the government to reduce income inequality in an economy. Answer the following: a how does the central bank act as a lender of the last resort? b the quantity of the commodity supplied increases by 25% when its price rises by 10%. D how does money act as a standard of deferred payment? e state an important difference between demand deposits and time deposits. Answer the following: a what is meant by industrialization? explain four impacts of industrialization on the environment. With the help of diagrams explain the difference between individual demand and market demand.

Answer the following: a state one difference between an entrepreneur and other factors of production. To which market is it relevant? explain any two similarities between a perfect market and a monopolistically competitive market. B what are public sector undertakings? explain four reasons for the privatization of public sector undertakings. Read the extract given below and answer the questions that follow: tnn, 15th august, 2013 rising vegetable prices and the impact of a weak rupee pushed inflation to a five month high of 5.79% injuly 2013, posing yet another challenge for asias third largest economy battling to defend the rupee and boost growth. Official data released on wednesday showed inflation as measured by the wholesale price index, jumped to 5.79% in july from previous months 4.86%.

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Easing wholesale price inflation had fuelled expectations of a moderation in tight monetary policy but the slide of the rupee against the dollar has dashed those hopes for now. I what is meant by running inflation? ii mention two fiscal measures to control inflation. 2 part ii 60 marks attempt any,four questions from this part question 5 a> explain with the help of an example the horizontal and the vertical division of labour. Mention any three merits of division of labour. 7 b> define composite demand. 8 question 6 a what is meant by privatization? explain in brief three arguments against privatization of public sector units in india.

7 b explain four characteristics of a perfectly competitive market. 8 question 7 a explain tl e terms impact, shifting and incidence of a tax. I perfectly elastic supply ii perfectly inelastic supply. 8 question 8 a define production. In rural areas, where accessibility is a problem, banks are using the micro finance network business correspondents and facilitators to bring more people under the ambit of banking services. I why is it necessary to bring more people under the formal fold of the banking sector? give one reason. 1 ii mention one way by which people would benefit from banking services. 1 i which stage of capital formation is the above extract referring to? explain the stage in brief. 2 economic applications attempt all questions from part i and any four questions from part ii. the intended marks for questions or parts of questions are given in brackets . a state the law of supply.

A give one distinguishing feature of monopoly with an example from the indian economy. C what is the effect of inflation on the fixed income group? d why does a supply curve slope upwards? e define monetary policy. answer any four questions from this part. a does a demand curve always have a negative slope? justify your answer with four reasons. A write two similarities and two dissimilarities between perfectly competitive market and monopolistically competitive market. B discuss any four causes by which the ecosystem has been destroyed due to the changing pattern of land use. Question banks, solved previous year question papers icse for class 9 amp class 10 after downloading and installing select class 9 or class 10 to download in your mobile or tablet. List of subjects for class 9: biology, chemistry, geography, history and civics, mathematics, physics, english term 2, maths term 2.

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You can also read it offline at: we will be adding more questions and solutions. бесплатные решены пример вопроса документы, вопрос банки, решаемые предыдущий год вопрос документы мкз для класса 9 и 10 класса после скачивания и установки выбрать класс 9 класс 10 или загрузить в мобильный телефон или планшет. Indian certificate of secondary education a private, non governmental board of school education in india, for class 10. Indian school certificate the council for the indian school certificate examinations for grade 12. Icse board english paper 1 english language class10th free sample question papers of english 2015 are issued by indian certificate of secondary education i.c.s.e.

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