ICSE Class 10 Understanding an Economy — Mock Test (2027)
Free online mock test for Understanding an Economy (ICSE Class 10 Economics) — 6 competency-based questions based on the latest CISCE 2027 syllabus, with instant marking. Try the samples below, then take the full test free.
What to expect: This mock test covers key concepts from the Understanding an Economy chapter — including application-based and competency-focused questions aligned with how ICSE actually sets the paper.
Tip: Attempt without notes first to identify gaps, then review explanations for any wrong answers. Retake after a few days for best retention.
Sample questions
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1.In economics, what does the capital earn as income?
- a.Wages
- b.Rent
- c.Profit
- d.Interest
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2.When ABC Electronics implemented division of labour, the workers became more productive. This happened due to ___________.
- a.Rotation
- b.Motivation
- c.Mechanisation
- d.Specialisation
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3.Suman is a trained nurse who offers services to a hospital. Once her duty hours end, she cannot carry forward her unused services to the next day because:
- a.labour is mobile.
- b.labour is perishable.
- c.labour is not homogeneous.
- d.labour can be separated from the labourer.
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4.Efficiency of labour shows the productive capacity of a labourer, whereas division of labour shows __________ of labour.
- a.Specialisation
- b.Utilisation
- c.Quantity
- d.Perishability
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5.Which factor will be responsible for 'product diversification' through innovation?
- a.Labour
- b.Entrepreneur
- c.Capital
- d.Landowner
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