CBSE Class 10 Economics — Model Paper 10 Multiple Choice Questions | All Chapters Covered
Board Exam 2026 · Preparation Series
CBSE Class 10 Economics — Model Paper
10 Multiple Choice Questions | All Chapters Covered
Welcome to this CBSE Class 10 Economics Model Paper for Board Exam 2026. This practice set contains 10 carefully selected Multiple Choice Questions (1 mark each = 10 marks) covering every important chapter of the NCERT textbook Understanding Economic Development. Each question is crafted to test your conceptual clarity, data interpretation, and application of economic principles — the exact skills tested in the Board Exam. Attempt all questions first, then verify your answers using the detailed answer key and explanations at the end.
| Subject: Social Science (Economics) | Class: X (10th) |
| Total Questions: 10 MCQs | Total Marks: 10 |
| Marks per Question: 1 mark | Negative Marking: None |
| Book: Understanding Economic Development (NCERT) | Suggested Time: 15–20 minutes | |
SECTION A — Multiple Choice Questions
Each question carries 1 mark | No negative marking | Choose the most appropriate option.
Which of the following statements BEST explains why per capita income alone is not an adequate measure of development?
(A) Per capita income is difficult to calculate accurately
(B) It does not account for the distribution of income or non-income factors like health, education, and environment
(C) It is only used by developing countries
(D) It measures only industrial production and ignores services
Chapter: Development
The World Development Report published by the World Bank classifies countries as low income, middle income, and high income on the basis of:
(A) Human Development Index (HDI)
(B) Per capita income (in US Dollars)
(C) Literacy rate
(D) Infant Mortality Rate (IMR)
Chapter: Development (World Bank Classification)
Which of the following activities belongs to the primary sector of the economy?
(A) Manufacturing of steel
(B) Software development
(C) Dairy farming
(D) Banking and insurance
Chapter: Sectors of the Indian Economy
The organised sector of the economy is characterised by which of the following features?
(A) Workers have no fixed working hours or written contracts
(B) Workers are registered with the government, receive job security, paid leave, and provident fund benefits
(C) It employs more than 90% of India's workforce
(D) Workers can be dismissed without any legal notice period
Chapter: Sectors of the Indian Economy (Organised vs Unorganised)
Gopal is a farmer who needs to borrow ₹1 lakh to buy seeds and fertilisers. The local moneylender charges him 5% interest per month. This is an example of which type of credit source?
(A) Formal credit from a commercial bank
(B) Credit from a cooperative society
(C) Informal credit source
(D) Microfinance from a Self Help Group
Chapter: Money and Credit (Informal Credit)
Which of the following is the PRIMARY function of the Reserve Bank of India (RBI) in relation to commercial banks?
(A) To provide loans directly to farmers and small businesses
(B) To supervise, regulate, and control the functioning of commercial banks and issue currency notes
(C) To collect income tax from banks and submit it to the government
(D) To set up Self Help Groups in rural areas
Chapter: Money and Credit (Role of RBI)
Which of the following is the most significant factor that has enabled globalisation in the modern world?
(A) Increase in agricultural production
(B) Growth of democracy in developing countries
(C) Rapid improvement in technology — especially in transport, communication, and information technology
(D) Increase in literacy rates in Africa
Chapter: Globalisation and the Indian Economy
Removing barriers on trade and investment between countries is known as:
(A) Privatisation
(B) Nationalisation
(C) Liberalisation
(D) Subsidisation
Chapter: Globalisation and the Indian Economy (Liberalisation)
A consumer buys a packet of biscuits that clearly mentions "100g" on the label, but on weighing it at home, she finds it is only 80g. Which consumer right has been violated?
(A) Right to Safety
(B) Right to Choose
(C) Right to be Informed
(D) Right to be Heard
Chapter: Consumer Rights
The Agmark quality certification is used on which category of products in India?
(A) Electrical appliances and industrial goods
(B) Agricultural and food products
(C) Gold and silver jewellery
(D) Pharmaceutical and medical products
Chapter: Consumer Rights (Quality Marks)
✅ Answer Key
| 8 | (C) Liberalisation | Globalisation | 1 |
| 9 | (C) Right to be Informed | Consumer Rights | 1 |
| 10 | (B) Agricultural and food products | Consumer Rights | 1 |
| Total Marks: | 10 | ||
| Q | Correct Answer | Chapter | Marks |
|---|---|---|---|
| 1 | (B) Doesn't account for distribution or non-income factors | Development | 1 |
| 2 | (B) Per capita income (in US Dollars) | Development | 1 |
| 3 | (C) Dairy farming | Sectors of Economy | 1 |
| 4 | (B) Registered workers with job security, paid leave & PF | Sectors of Economy | 1 |
| 5 | (C) Informal credit source | Money and Credit | 1 |
| 6 | (B) Supervise, regulate banks and issue currency notes | Money and Credit | 1 |
| 7 | (C) Rapid improvement in technology | Globalisation | 1 |
Comments
Post a Comment