The State and Economic Development — Important Questions
ICSE · Class 10 · Economic Application
65 important questions from The State and Economic Development for ICSE Class 10 Economic Application, with answers. Written for the board exams 2027.
Interactive on Super Tutor
Studying The State and Economic Development? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.
Free trial, no card needed.
Important Questions from The State and Economic Development
Which pair of industries is currently reserved for the public sector?
Show answer
Atomic energy and rail transport
Only atomic energy and rail transport are currently reserved for the public sector.
A public sector company is one where the government holds most of the shares. What is the shareholding condition given here?
Show answer
More than 5%
A public sector company is defined here as a company in which the government holds most of the shares, meaning more than 5%.
Which policy allows both public and private sectors to operate in the economy?
Show answer
Mixed economy
After the Industrial Policy Resolutions, India followed a mixed economy in which both public and private sectors were allowed to operate.
Which bank formulates and implements monetary policy regarding money supply and cost of credit?
Show answer
Reserve Bank of India
The Reserve Bank of India is the central bank and handles monetary policy, including money supply and cost of credit.
+61 more questions on The State and Economic Development (ICSE Class 10 Economic Application)
Practise AllFrequently Asked Questions
What are the important topics in The State and Economic Development for ICSE Class 10 Economic Application?
How many important questions are there in The State and Economic Development?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for The State and Economic Development
For serious students
Get the full The State and Economic Development chapter — start free.
Quizzes, flashcards, an AI doubt solver and a study plan for ICSE Class 10 Economic Application. Free to start, no card needed.