ICSE Class 10th Economics 2024 Answer Key, Question Paper and Exam Analysis

ICSE Class 10th Economics 2024 Answer Key: The ICSE Class 10 Economics (Group II Elective)  Exam 2024 was conducted today, Mar 6. Students who attended the exam can now download the unofficial ICSE Class 10th Economics 2024 Answer Key. Additionally, they will also be able to check the ICSE Class 10th Economics 2024 Exam Analysis and download the question paper.

ICSE Class 10th Geography 2024 Answer Key and ICSE Class 10th History and Civics 2024 Answer Key is also available.

Also Read: ICSE Class 10th Physics 2024 Answer Key

Download ICSE Class 10th Economics 2024 Answer Key

A few questions and their answers from the ICSE Class 10th Economics Question Paper 2024 are given below:

• Question 1. Choose the correct answers to the questions from the given options.
  • (i) The ___________has to decide the reward for each factor of production.
    Ans: (d) Entrepreneur
  • (ii) Capital expenditure is _________ in nature.
    Ans: (b) Non-Recurring
  • (iii) As a result of rise in consumer’s income, the demand curve for coarse-grain (inferior good) will:
    Ans: (d) the demand curve will shift to the left
  • (iv) There was difficulty in future payments under barter system due to:
    (b) Lack of common measure of value
  • (v) Jute industry is an example of __________ division of labour.
    Ans: (d) Production based
  • (vi) __________ market has one seller and many buyers.
    Ans: (c) Monopoly
  • (vii) If you make investments in insurances or mutual funds, then it will be called a __________ type of capital.
    Ans: (b) Financial
  • (viii) Ms. Sakshi, an economics teacher, was explaining the concept of ‘minimum percentage of the total deposits to be kept by any commercial bank with the Central Bank of the country, as per norms prevailing in the country’. From the following choose the correct alternative which specifies towards the concept explained by her?
    Ans: (a) Cash reserve ratio

The complete ICSE Class 10th Economics 2024 Answer Key PDF is given below:

Subject experts are preparing the answer key for the students. The answer key will help candidates to estimate their scores in the exam.

ICSE Class 10th Economics 2024 Exam Analysis and Question Paper

The ICSE Class 10th Economics 2024 Exam Analysis based on the comments and reactions from students and teachers has been updated below:

Students will be able check the reviews about the exam which will include the difficulty level, length of the question paper and other details.

Furthermore, the download link for the ICSE Class 10th Economics 2024 Question Paper is given below:

The ICSE Class 10 Board Exam 2024 began on Feb 21 and will continue till Mar 28. Exams for the Art paper 2 will be conducted tomorrow and for the Chemistry paper will be conducted on Mar 11.