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Important Questions

Role of Government in Determination of Price and Quantity

NIOS · Class 10 · Economics

Most important questions from Role of Government in Determination of Price and Quantity for NIOS Class 10 Economics board exam 2026. MCQs, short answer, and long answer questions with marks.

98 questions30 flashcards5 concepts

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98 Questions·
multiple choicemultiple correct

Sample Questions

1multiple correct
1 marks

Which forms are included under administered price?

Show answer

Control price, Support price, Token price, Dual price

Administered price has four forms: control price, support price, token price, and dual price.

2multiple correct
1 marks

Which goods are named as commodities with control price in India?

Show answer

Wheat, Rice, Sugar, Kerosene oil

Wheat, rice, sugar, and kerosene oil are named as commodities with control price in India.

3multiple choice
1 marks

What does rationing mean?

Show answer

Fixing quota per head per unit of time

Rationing means fixing a quota per head per unit of time to manage shortage caused by excess demand.

4multiple choice
1 marks

What problem can arise due to excess demand at ceiling price?

Show answer

Black marketing

Excess demand at ceiling price can lead to black marketing, where sellers illegally charge much higher prices.

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What are the important topics in Role of Government in Determination of Price and Quantity for NIOS Class 10 Economics?
Role of Government in Determination of Price and Quantity covers several key topics that are frequently asked in NIOS Class 10 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Role of Government in Determination of Price and Quantity — NIOS Class 10 Economics?
Understand the core concepts first, then work through the 98 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 Role of Government in Determination of Price and Quantity?
There are 98 practice questions available for Role of Government in Determination of Price and Quantity. These cover multiple question types including MCQs, short answer, and long answer questions.

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

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