Public Debt — Economics STD 10 — Question

Identify the market forms for the following:
(i) Railways in India.
(ii) Textile industry in India.
(iii) Perfectly elastic demand.

Mention one example of inelastic demand. Give a reason in support of your answer.

What is money multiplier? How is it related to Legal Reserve Ratio?

How does money act as a standard of deferred payment?

Indirect taxes are regressive in nature. How can they be made progressive?

Explain the concept of GST.

What is meant by food adulteration? Give an example. Mention two harmful effects of food adulteration. Name any one measure formulated to prevent the problem of food adulteration in India.

Differentiate between an entrepreneur and labourer on the basis of
(i) Nature of work
(ii) Nature of risk Involved

Which form of capital, money capital or real capital has a greater impact on national output?

In which form of market is the seller a price taker? Justify your answer.