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ICSE Board Exam 1997 : Economic Applications

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ECONOMIC APPLICATIONS - 1997 (Two Hours) Answers to this Paper must be written on the paper provided separately. You will not be allowed to write during the first 15 minutes. This time is to be spent in reading the question paper. The time given at the head of this Paper is the time allowed for writing the answers. Attempt all questions from Part I and any four questions from Part II. The intended marks for questions or parts of questions are given in brackets [ ]. PART I (40 Marks) Attempt all questions from this Section. Question 1 (a) Give two characteristic features of land as a factor of production. [4] (b) Explain two factors on which the supply of labour depends. [3] (c) Give two features of a Joint Stock Company. [3] (d) What is meant by 'limited liability'? [3] Question 2 (a) What is meant by an economic holding? [4] (b) State two causes of food shortage in India. [3] (c) Give two reasons for the introduction of a ceiling on land holdings. [3] (d) What is meant by 'Public' and 'Private' Sectors in industry? Name any two industries in [3]

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Additional Info : Solved ICSE Board exam paper study guide - ICSE 1997 : ECONOMIC APPLICATIONS - I.C.S.E. Free Online Question Paper
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