www.nos.org National Institute of Open Schooling : Class X Economics Sample Question Paper

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Sample Question Paper
Class X
Economics

Instructions :
1. All questions are compulsory.
2. Marks allotted to each question are indicated against it.
Note :- Each question from No. 1 to 8 has four alternatives A, B, C and D out of which one is the most
appropriate. Select the correct answer and write it in your answer sheet against the number of question
1. Which of the following are the example of wants? 1
(A) Text Book
(B) Shoes
(C) Roads
(D) Computer

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2. A production unit having investments of less than Rs. 25 lakhs is 1
(A) a large scale industry
(B) a small scale industry
(C) an ancillary industry
(D) a ting industry
3. Profit is the reward of 1
(A) Land
(B) Labour
(C) Capital
(D) Enterprise
4. Tertiary sector is associated with 1
(A) Land
(B) Industry
(C) Mining
(D) Service
5. The main objective of seller is 1
(A) to become popular
(B) to earn profit
(C) to serve the buyers
(D) to take care of the welfare of people
6. Price of a commodity means 1
(A) the amount of money given by a buyer to a seller
(B) the amount of money buyer is getting
(C) profit earned by the seller
(D) cost of the commodity
7. A production unit owned and controlled by government comes under 1
(A) Joint sector
(B) Public sector
(C) Co-operative sector
(D) Private sector
8. The demand for a commodity increases when its 1
(A) price increases
(B) price decreases
(C) price is constant
(D) none of the above
9. State any four characteristics of wants. 2
10. Write the meaning of investment. 2
11. State the sources of aggregate domestic savings. 2
12. Distinguish between private and public sectors 2
13. Explain any two advantages of globalisation to the Indian Economy. 2
14. Why do people make saving? 2
15. Distinguish between capitalist and socialist economy. 2
16. Why do rich become rich and poor become poorer in our country?
17. Suppose the cost of production of a quintal of fertilizers is Rs. 500/ and Taxes imposed amounting to Rs. 50 and subsidies amounting to Rs. 100/-. Calculate the market price of fertilizers per quintal?
18. If person’s income has increased to a great extent, but he does not make any changes in his standard of living. Will you categorise this situation as economic growth or economic development? 2
19. What are the factors of production? Explain any two factors of production. 4
20. Describe any four causes of high birth rate in India. 4
21. What is World Trade Organization (WTO)? State its any four principles.
22. Explain the relationship between wants and resources. 4
23. Explain any four economic factors affecting “Distribution Process”. 4
24. Differentiate with examples between buying for consumption and buying for production. 4
25. Distinguish with examples between a wholesaler and retailer. 4
26. Explain the main features of ‘New Economic Policy’ (NEP) 1991 in India. 4
27. Explain ‘carrying-capacity’ of environment with examples 4
28. What are the reasons of declinig sex-ratio in India? 4
29. “Life-insurance provides both savings and security”. Discuss. 4
30. What are the central problems of an economy? How does planning help in solving them? 4
31. Differentiate between developed and developing economy. 6
32. Explain the importance of increasing production of goods and services in an economy. 6
33. Explain how industrialisation is responsible for the pollution of environment. 6
34. Why do we need poverty alleviation programmes? Explain any two of them. 6

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