The Council for the Indian School Certificate Examinations (CISCE) successfully conducted the ICSE Class 10 Economics (Group II Elective) Exam on March 27, 2026. The ICSE Class 10 Economics (Group II Elective) Question Paper with Solution PDF is now available for download.
The ICSE Class 10 Economics (Group II Elective) paper covers important topics from basic economic concepts, demand and supply, production, market structures, and government policies. Students should focus on understanding key economic principles, practicing numerical problems, and writing structured answers. The exam is typically marked out of 100 marks, with 80 marks for the theory paper and 20 marks for internal assessment.
ICSE Class 10 2026 Economics (Group II Elective) Question Paper with Solution PDF
| ICSE Class 10 Economics (Group II Elective) Question Paper 2026 | Download PDF | Check Solution |
Question 1:
When ABC Electronics implemented division of labour, the workers became more productive. This happened due to _______ .
View Solution
Step 1: Understanding the concept.
The division of labour allows workers to focus on specific tasks, thus increasing their efficiency and productivity. Specialisation is the process where workers become highly skilled in a specific task, leading to better performance and output.
Step 2: Analyzing the options.
(A) Rotation: Incorrect. Rotation of tasks doesn't necessarily increase productivity, as workers may lack expertise in each task.
(B) Motivation: Incorrect. While motivation is important, it is not the primary factor here.
(C) Mechanisation: Incorrect. Mechanisation involves the use of machines, but it is not the focus of this question.
(D) Specialisation: Correct. Specialisation of tasks leads to higher productivity as workers become more skilled in their specific roles.
Step 3: Conclusion.
The correct answer is (D) Specialisation.
Final Answer: (D) Specialisation. Quick Tip: Specialisation leads to greater efficiency as workers focus on specific tasks, improving their skill level and productivity.
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:
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?
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.
Household and farming utility are considered as consumer goods. From which of the following pairs is considered as complementary goods?
Goods like fruit and vegetables are both described as examples of which type of market form?
State the relationship to the plan pair of rights and consumer the relevant pair.
During the time of inflation, the Central Bank will _______ in order to control the inflation.
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:
In which type of market do both buyers and sellers have accurate and complete information about market conditions?
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?
Which concept is depicted in the growth image and explain the concept?
Explain the meaning of Hyperinflation.
Outline two primary reasons why economists consider that the supply of land is fixed.
Define the term Regenerative Tax.
Observe the image and identify the type of capital it represents. Briefly explain your answer.
State one point of difference between fundal debt and unfunded debt.
The elasticity of demand tends to be higher in the long run than in the short run.
Ravi deposits ₹ 50,000 in his savings account in a commercial bank. The bank loans a part of this money to give loans to another customer. This process is repeated with other deposits and borrowers.
Identify whether Ravi's deposit is primary or derivative.
Give a reason for your choice.
Land is one of the most important factors of production. In this context, explain the factors that affect the productivity of land.
State any four differences between Commercial Banks and Central Bank.
Identify the type of market referred to in the given image.
Explain any three characteristics of the classified market.
State and explain any five characteristics of Capital.
Define the barter system of exchange.
List the last three stages in the evolution of money.
What is Public Expenditure?
State and explain any three types of direct tax.
How are consumers exploited by retailers?
Define the term demand.
Complete the following market demand schedule.
Define Public Debt.
Explain any three causes of growth of Public Expenditure.
Identify the type of inflation described in the above extract.
Briefly explain the nature of the inflation mentioned in (A).
State and explain any three causes of the type of inflation described above.
ICSE Class 10 Economics Important Questions
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