Organisation : Council For The Indian School Certificate Examinations
Class : Class X
Document Type : Specimen Question Paper
Subject : Economics
Semester : 1 And 2
Year : 2022
Website : https://cisce.org/publications.aspx
ICSE Class X Economics Specimen Question Paper
Council For The Indian School Certificate Examinations (ICSE) Class X Economics Specimen Question Papers Semester 1 and 2 for the year 2022.
Related / Similar Question Paper : ICSE Class X History & Civics Specimen Question Paper 2022
ICSE Class X Economics Questions
Question 1
The demand for goods which can be put to several uses is known as
1. Competitive
2. Autonomous
3. Composite
4. Indirect
Question 2
The productive capacity of a worker is called as
1. Efficiency of labour
2. Mobility of Labour
3. Supply of labour
4. Inefficiency of labour
Question 3
Which of the following are considered as factors of production?
1. Land
2. Labour
3. Capital
4. All of them
Question 4
When production of goods is divided into several processes it is known as _________ division of labour.
1. Product based
2. Process based
3. Territorial based
4. Simple based
Question 5
Efficiency of labour is low in India due to
1. Congenial environment at work place
2. High wages
3. Migratory nature of labourers
4. None of the above
Question 6
The demand for labour is _______
1. Direct
2. Derived
3. Free
4. Elastic
Question 7
If the prices of factors of production increases, then the supply will
1. Decrease
2. Increase
3. Zero
4. None of the above
Question 8
In economics demand and price have _______ relationship.
1. Zero
2. Positive
3. Direct
4. Inverse
Question 9
Capital earns ________ as factor income.
1. Wage
2. Rent
3. Profit
4. Interest
Question 10
There are more possibilities of invention under ______ of labour.
1. Supply
2. Division
3. Mobility
4. None of the above
Question 11
Car and petrol are examples of _______ demand.
1. Complementary
2. Competitive
3. Substitute
4. Composite
Question 12
__________ possess general acceptability.
1. Cheque
2. Money
3. Bank draft
4. Bond
Question 13
Under monopoly market a firm/seller has_______
1. Partial control over price
2. Full control over price
3. No control over price
4. None of these
Question 14
Homogenous products are sold under _________
1. Oligopoly market
2. Monopoly market
3. Perfect competition
4. Monopolistic competition
Question 15
These are five stages of evolution of money. Which of the following order is correct?
1. Bank, paper, metallic, commodity, animal.
2 Paper, metallic, Bank, commodity, animal.
3. Animal, commodity, metallic, paper, bank.
4. Animal, commodity, metallic, bank, paper.
Question 16
Simultaneous fulfilments of mutual wants by buyers and sellers are ______________
1. Common measure of value
2. Double coincidence of wants.
3. Divisibility of goods
4. Standard of deferred payment.
Question 17
There are a large number of buyers and sellers under a _____ market
1. Monopoly market
2. Perfect market
3. Oligopoly market
4. All of the above
Question 18
Cotton and cotton seeds are examples of _______ supply
1. Jointly produced goods
2. Inferior goods
3. Composite goods
4. Inferior goods
Question 19
__________ earns income in the form of profit as a factor of production.
1. land
2. labour
3. capital
4. entrepreneur
Question 20
Capital as a factor of production is _____ in nature
1. Durable
2. Perishable
3. Immobile
4. Limited
Download ICSE Class X Economics Question Paper
Download ICSE Economics Semester – 1 Class X Question Paper Here :
https://www.pdfquestion.in/uploads/pdf2022/40543-ecosem1.pdf
Download ICSE Economics Semester – 2 Class X Question Paper Here :
https://www.pdfquestion.in/uploads/pdf2022/40543-ecosem2.pdf