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ICSE Board Specimen 2017 : Economics

3 pages, 34 questions, 20 questions with responses, 27 total responses,    0    0
Indian Certificate of Secondary Education (ICSE), New Delhi
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ECONOMICS (Two hours) Answer to this paper must be written on the paper provided separately. You will not be allowed to write during the first 15 minutes. This time is to be spent in reading the question paper. The time given at the head of this paper is the time allowed for writing the answers. Attempt all questions from Section A and any four questions from Section B. The intended marks for questions or parts of questions are given in brackets [ ]. SECTION A (40 Marks) Attempt all questions from this Section Question 1 (a) Land is heterogeneous in nature. Explain. (b) What is meant by efficiency of labour? [2] Give one reason for low [2] Mention two important characteristics of Capital as a factor of [2] efficiency of labour in India. (c) production. (d) State two qualities of a successful entrepreneur. [2] (e) Mention two factors which gave birth to the Consumer Movement. [2] Question 2 (a) What are inferior goods? Give an example. [2] (b) Mention two reasons behind the leftward shift of a supply curve. [2] (c) What is meant by Price Elasticity of Demand? When will the Demand [2] Curve be parallel to X-axis? (d) (e) Draw: (i) Unitary Elastic Supply curve (ii) Perfectly Inelastic supply curve [2] Define Food Adulteration. Name two health problems caused due to [2] adulterated food. 86 ICSE Specimen Question Paper

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