ICSE Specimen Paper Class 10 Semester 2 – Economics 2022
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(i) Inflation means __________ rise in price.
(a) Continuous
(b) Sustainable
(c) No
(d) High
(ii) The debt which yields income to the government is called as:
(a) Gross
(b) Productive
(c) Unproductive
(d) Internal
(iii) Capital expenditure is __________ in nature.
(a) Non-recurring
(b) Recurring
(c) Simple
(d) Complex
(iv)Public Distribution system is a __________ measure of government to protect the consumers.
(a) Administrative
(b) Technical
(c) Collateral
(d) Demonstrative
(v) Under Right to Information any citizen of India may request information from a _________ authority.
(a) Public
(b) Private
(c) Personal
(d) Professional
(vi) Public debt whose principal amount is not refunded by the government is:
(a) Redeemable debt
(b) Irredeemable debt
(c) Social
(d) Public
(vii) Goods and Services Tax (GST) is an example of:
(a) Direct tax
(b) Indirect tax
(c) Income tax
(d) Local tax
ICSE Semester 2 Specimen - 641 ECO1