Skip to main content
Super TutorResources
Chapter 1 of 24
QuestionsNotesFlashcardsSummaryFormulasQuizConceptsSyllabusPlan
Important Questions

What is Economics

NIOS · Class 10 · Economics

Most important questions from What is Economics for NIOS Class 10 Economics board exam 2026. MCQs, short answer, and long answer questions with marks.

80 questions32 flashcards5 concepts

Interactive on Super Tutor

Studying What is Economics? Get the full interactive chapter.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.

Try Super Tutor — Free

1,000+ Class 10 students started this chapter today

80 Questions·
multiple choicemultiple correcttrue false

Sample Questions

1multiple choice
1 marks

Which statement correctly describes the science of welfare view of economics?

Show answer

Economics is concerned with welfare of society

The welfare definition shifted attention from wealth alone to welfare of society.

2multiple choice
1 marks

What do the words 'ends' and 'scarce means' mean in the scarcity and choice view?

Show answer

Ends means wants and scarce means implies limited resources

In the scarcity definition, ends means wants and scarce means means limited resources.

3multiple choice
1 marks

Which branch studies decisions by a single individual, buyer, seller, or producer?

Show answer

Micro Economics

Micro economics studies economic decisions at a very small level, such as those taken by a single individual.

4multiple choice
1 marks

Which branch studies the economy as a whole?

Show answer

Macro Economics

Macro economics studies economic decisions and aggregates at the level of the whole economy or society.

+76 more questions available

Practice All

Frequently Asked Questions

What are the important topics in What is Economics for NIOS Class 10 Economics?
Key topics in What is Economics include Evolution of the Definition of Economics, Evolution of the Definition of Economics, Overview of What is Economics – Chapter Mind Map. These are the concepts NIOS Class 10 examiners draw on most — study them first, then practise related questions.
How to score full marks in What is Economics — NIOS Class 10 Economics?
Understand the core concepts first, then work through the 80 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in What is Economics?
There are 80 practice questions available for What is Economics. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for What is Economics

All 24 chapters — NIOS Class 10 Economics Important Questions

For serious students

Get the full What is Economics chapter — for free.

Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for NIOS Class 10 Economics.

Try Super Tutor Free
Try the full chapter — Free