Economics solutions
In Class 10 Economics, you will learn the process of development of the Indian Economy. You will firstly see the beginnings of development in terms of the emergence of agriculture, manufacturing and services as three distinct sectors of the economy. Then you will learn the concept of human development that includes the development of health and education and other indicators that, along with income, broadly define the quality of life of people. To help to understand all these concepts in an effective way, we have provided the NCERT Solutions for Class 10 Economics. These solutions offer chapter-wise answers to all the exercise questions.
NCERT Solutions for Class 10 Economics
The Class 10 Economics book “Understanding Economic Development” contains 5 chapters. Students can find the NCERT Solutions of all these chapters in the table below:
| Chapter 1: Development |
| Chapter 2: Sectors of the Indian Economy |
| Chapter 3: Money and Credit |
| Chapter 4: Globalisation and the Indian Economy |
| Chapter 5: Consumer Rights |
After reading these chapters, students would be able to understand the economic life around them. Also, they can comprehend what is meant by economic development for people. Many examples and case studies have been used as an aid for conceptual clarity to ensure students can easily relate these ideas to reality.
Overview of NCERT Solution Class 10 Economics Chapters
You can have a look at the summary of each chapter below.
Chapter 1: Development
This chapter helps you understand the idea of development for a nation’s growth. The chapter has total 13 questions, out of which first 3 are of objective type, and the remaining 10 are descriptive. Students can find the answers to all these questions in the solution file.
Chapter 2: Sectors of the Indian Economy
An economy is best understood when you study its components or sectors. Sectoral classification is done on the basis of several criteria. In this chapter, three types of classifications are discussed: primary/secondary/tertiary; organised/unorganised; and public/private. The exercise contains questions related to these sectors. This chapter has total 14 questions, 2 are MCQs, 1 is match the following, one is odd one out and remaining are of descriptive nature.
Chapter 3: Money and Credit
In this chapter, you will study the history of money. Here, you will find the questions related to credit, the functioning of banks, different sources of credit in India, Self Help Groups, borrowers, etc. The exercise contains total 13 questions, out of which one is MCQ, and one is fill in the blank. Some of the questions are short, while some are descriptive type of questions.
Chapter 4: Globalisation and the Indian Economy
Most regions of the world are getting increasingly interconnected. One of the major reasons for this is globalisation. In this chapter, you must have learned about globalisation in depth. The exercise contains questions based on the definition of globalisation, factors which impact and enabled globalisation in India. There are total 13 questions in this chapter, out of which one is MCQ, one is fill in the blank, one is based on match the following and the remaining are descriptive ones.
Chapter 5: Consumer Rights
After studying this chapter, you have known that the awareness of a well-informed consumer arises from the consumer movement and active participation of people in struggle movements. You have also got to know about some of the organisations which have helped the consumer in making them aware of the product. Finally, the chapter ends with some critical issues of the consumer movement in India. The exercise contains total 13 questions. Out of which, one question is match the following, and one is true and false. You will find the answers to all questions in the solution PDF.
We hope students have found these NCERT Solutions for Class 10 Economics helpful in their studies. Keep learning and stay tuned for further updates on CBSE and other competitive exams. Download the BYJU’S App and subscribe to the YouTube channel to get interactive Maths and Science videos.