ICSE Economics Answer Key 2025 Unofficial (Available): Detailed Question Paper Analysis
ICSE Economics Answer Key 2025 Unofficial is provided here for analysis purposes. Students can also go through the detailed question paper analysis here.
ICSE Economics Answer Key 2025 Unofficial: The Council for the Indian School Certificate Examinations (CISCE) is conducted the Economics Group II (Elective) Exam 2025 today, February 28, 2025, from 11 AM to 1 PM. Students who appeared for the ICSE Economics Exam can check the ICSE Economics Answer Key 2025 Unofficial for analysis. The ICSE Economics Question Paper 2025 carried 80 marks and was divided into two sections - A and B. Students can also use the ICSE Economics Detailed Question Paper Analysis to evaluate their overall performance.
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ICSE Economics Answer Key 2025 Unofficial
Students can cross-check their responses with the ICSE Economics Unofficial Answer Key 2025 below.
Section A (Multiple Choice Questions)
|
Questions |
Answers |
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i) In economics, what does the capital earn as income? |
(d) Interest |
|
ii) Which of the following are examples of substitute goods? |
(d) Apple iPhones and Samsung Smart Phones |
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iii) Assertion (A): Mr. Gupta earns a fixed income every month, but he tends-to get adversely affected during inflation. Reason (R): The prices of goods, services and the cost of living, does not rise in the same proportion as income, during inflation. |
(a) Both (A) and (R) are true and (R) is the correct explanation of (A). |
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iv) Amit buys 1 kg of mangoes at ?120 per kg. Other things remaining constant, when the price of mangoes falls to 290 per kg, he buys 2 kg of mangoes. Amit's choice in the given situation shows which concept? |
(d) Expansion of Demand |
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v) The rate of tax, which is uniform for all the taxpayers, is termed as: |
(a) Progressive |
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vi) Which factor will be responsible for 'product diversification' through innovation? |
(b) Entrepreneur |
| vii) Statement 1: The primary function of money is to act as a 'store of value'.
Statement 2: Money helps in monetary expression of the market value of the commodity. |
(d) Statement I is false and Statement 2 is true.. |
| VIII) BIS stands for |
(b) Bureau of Indian Standards |
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ix) Examine the relation between price and quantity supplied: Price : 10, 12, 14 ; Demand: 5, 7, 9 |
(a) Positive |
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x) Which market structure has the least number of sellers? |
(a) Oligopoly |
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xi) Direct taxes are regressive in nature. |
(b) False |
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xii) Savings → Mobilisation → Investment . The above image depicts stages of |
(a) Capital Formation |
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xiii) Radhika cannot postpone her demand for woollen clothes during winter season but at the same time can postpone her demand for a car. This is because her demand for woollen clothes. is:, |
(b) Inelastic |
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xiv) Study the relationship in the first pair of words and complete the second pair. 1. Revenue earned by the government through railway fares : Commercial revenue 2. Revenue earned through Special Assessment : |
(c) Administrative |
| xv) Efficiency of labour shows the productive capacity of a labourer, whereas division of labour shows ------- of labour. |
(a) Specialisation |
| xvi) identify the type of debt raised by the government for organising relief camps during natural disasters. |
(b) unproductive |
ICSE Economics Detailed Question Paper Analysis 2025
The ICSE Economics Exam 2025 was of moderate level according to student reviews, and questions were covered from —--- topics. Check the detailed ICSE Economics Question Paper Analysis below.
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Particulars |
Details |
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Overall Difficulty Level |
Moderate |
|
Section A Difficulty Level |
Easy |
|
Section B Difficulty Level |
Moderate to Difficulty |
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Expected Good Score |
To be Updated |
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Was the paper lengthy? |
To be Updated |
Students can use the ICSE Economics Answer Key 2025 and exam analysis provided above to calculate their probable scores and evaluate their overall performance. It is important to note that the ICSE Economics Answer Key 2025 is unofficial and can be used as a reference only.
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