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Class 10 ICSE Economics Answer Key 2025 Live UpdatesClass 10 ICSE Economics Answer Key 2025 Live Updates: After the exam, students can check the answer key (solutions) for Class 10 ICSE Economics exam 2025 (Subject Code: 64) as the exam was held on February 28, 2025. Answers for Section A which carries a weightage of 16 marks will be updated here to keep students updated with the scores obtained in this section. Sections A and B of the Economics paper together contribute to an overall of 80 marks. On this page our subject experts will provide the ICSE Economics Answer Key 2025 only for the multiple choice questions, as the answer to the section B (subjective) is based on content or manner of presentation.
Also Read | Class 10 ICSE Result Expected Release Date 2025
Class 10 ICSE Economics Unofficial Answer key PDF Download
Section A unofficial answer key has been made available so that students can know how much they are scoring, identify errors, and be prepared for the next test. The unofficial Class 10 ICSE Economics answer key 2025 for candidates is available in the table given below.Section A: Multiple-Choice Questions
Section A comprises Question 1with a total of 16 multiple-choice questions (MCQs), the answers to which are provided here:Question 1 (Sub Numbers) | Answer Key |
|---|---|
| What is the "Income earned in capital"? | Interest |
| Which of the following are examples of substitute goods? | Samsung Smart Phones and Apple IPhones |
| Mr Gupta earns a fixed income every month but he tends to get adversely affected by inflation. Assertion and Reason based question. | Both (A) and (R) are true and (R) is the correct explanation of (A) |
| Amit buys 1 kg of mangoes at ₹120 per kg. Other things remaining constant, when the price of mangoes falls to 290 per kg, he buys 2 kg of mangoes. Amit's choice in the given situation shows which concept? | Expansion of Demand |
| The rate of tax which is uniform for all the taxpayers is termed as: | Progressive |
| Which factor will be responsible for product diversification through innovation? | Entrepreneur |
|
Statement I: The primary function of money is to act as a store of value.
Statement II: Money helps in the monetary expression of the market value of the commodity | Both Statements I and II are correct |
| BIS stands for: | Bureau of Indian Standards |
Examine the relation between price and quality supplied.
 | Positive Relation |
| Which market structure has the least number of sellers? | Oligopoly |
| Direct taxes are regressive in nature | False |
 | Capital Formation |
| Radhika cannot postpone her demand for woollen clothes during winter season but at the same time can postpone her demand for a car. This is because her demand for woollen clothes. is: | Inelastic |
|
Study the relationship in the first pair of words and complete the second pair.
1. Revenue earned by the government through railway fares: Commercial revenue 2. Revenue earned through Special Assessment: | Administrative |
| Efficiency of labour shows the productive capacity of a labourer, whereas division of labour shows_____ of labour. | Specialisation |
| Identify the type of debt raised by the government for organising relief camps during natural disasters. | Unproductive |
Class 10 ICSE Economics 2025: Exam Analysis
The analysis and question paper for Class 10 ICSE Economics paper held on February 28, 2025, can be checked at the following links:
Class 10 ICSE Subject-Wise Answer Key 2025 |
| Subject | Answer Key Link |
|---|---|
| English Language | Class 10 ICSE English Language Answer Key 2025 |
| English Literature | Class 10 ICSE English Literature Answer Key 2025 |
| Mathematics | Class 10 ICSE Mathematics Answer Key 2025 |
| Hindi | Class 10 ICSE Hindi Answer Key 2025 |
| History & Civics | Class 10 ICSE History & Civics Answer Key 2025 |
| Geography | Class 10 ICSE Geography Answer Key 2025 |
| Physics | Class 10 ICSE Physics Answer Key 2025 |
| Chemistry | Class 10 ICSE Chemistry Answer Key 2025 |
| Biology | Class 10 ICSE Biology Answer Key 2025 |
Class 10 ICSE Economics Answer Key 2025 Live Updates
08 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: How many questions to attempt from Section B?
Students must attempt any four questions from Section B of the Class 10 ICSE Economics exam 2025.
07 40 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q10 (xvi)
Unproductive
07 20 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q10 (xv)
Specialisation
07 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q10 (xiv)
Administrative
06 40 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q9 (xiii)
Inelastic
06 20 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q8 (xii)
Capital Formation
06 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q7 (xi)
False
05 40 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q6 (x)
Oligopoly
05 20 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q5 (ix)
Positive Relation
05 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q4 (viii)
Bureau of Indian Standards
04 40 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q3 (vii)
Both Statements I and II are correct
04 20 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q2 (vi)
Entrepreneur
04 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q1 (v)
Progressive
03 40 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q1 (iv)
Expansion of Demand
03 20 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q1 (iii)
Both (A) and (R) are true and (R) is the correct explanation of (A)
03 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q1 (ii)
Samsung Smart Phones and Apple IPhones
02 45 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Q1 (i)
Interest
02 30 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Did questions come from PYQs?
Yes, a lot of questions in Section B came from PYQs reducing the overall difficulty level of this section in the Class 10 ICSE Economics exam.
02 15 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Difficulty Level of Section B
Section B had descriptive questions and they were of moderate level.
02 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Difficulty Level of Section A
Section A of the Class 10 ICSE Economics exam 2025 had 3 questions with following difficulty level:
Question 1 - Easy to Moderate
Question 2 and 3 - Moderate
01 45 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Difficulty Level
Class 10 ICSE Economics exam 2025 difficulty level was moderate overall.
12 40 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Typically Difficult Section
Typically, Section B subjective questions are considered comparatively difficult due to their descriptive and lengthy nature that requires students to answer questions in an elaborated manner with proper examples and diagrams wherever required.
12 20 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Typically Easy Section
Section A of the Class 10 ICSE Economics exam 2025 is typically an easy section due to simple objective type questions.
12 00 PM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Which chapters are mostly asked in Section A MCQs?
High weightage and foundational topics like The Productive Mechanism (Factors of Production), Theory of Demand and Supply, Market, and Banking in India, are frequently present in the MCQs portion of the Section A in the Class 10 ICSE Economics exam.
11 40 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: What type of questions are there in MCQs?
MCQ portion in Section A of the Class 10 ICSE Economics exam 2025 contain questions with four choices out of which only 1 is correct. The questions are also in the form of fill in the blanks, some graph-based MCQs and it could also be in the match the following format as well.
11 20 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Why unofficial answer key is important?
Release of unofficial answer key for the Class 10 ICSE Economics exam 2025 allows students to calculate their scores for the MCQs portion of the Section A. This helps them assess their overall performance in MCQs and spot their wrong choices.
11 00 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Negative Marking
No, there's no negative marking in the Class 10 ICSE Economics exam 2025.
10 40 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Which section contains MCQ questions?
Section A in the Class 10 ICSE Economics exam 2025 is the only section that contains multiple choice questions.
10 20 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Marking Scheme of MCQs
There are a total of 16 MCQs of 1 mark each, therefore, correct answer will fetch you 1 mark and wrong answer will fetch you zero marks in the exam.
10 00 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: No. of MCQs
There are a total of 16 MCQs in the Class 10 ICSE Economics exam 2025.
09 45 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: What is the weightage of Section A in Class 10 ICSE Economics Exam?
Section A carries a total of 40 marks in the Class 10 ICSE Economics exam 2025.
09 30 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Why the answer key is released for only Section A of the exam?
Section A contains a mix of objective type questions like MCQs, Fill in the Blanks, Match the following, etc. which has only one correct answer, whereas, Section B encompasses subjective type of questions for which answer key can't be provided because the marking depends on how a student has presented their answers.
09 15 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: What sections will be included in the answer key?
Only Section A is included in the Class 10 ICSE Economics Answer Key 2025 because it contains objective type questions.
09 00 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Will official answer key release?
No, CISCE doesn't release official answer key for Class 10 ICSE Economics exam 2025.
08 45 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Will Answer Key be available on cisce official website?
No, CISCE doesn't provide Class 10 ICSE Economics Answer Key 2025 on its official website.
08 30 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Where will it release?
Class 10 ICSE Economics Answer Key 2025 will release on Youtube and education platforms like CollegeDekho.
08 15 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Release Time
Class 10 ICSE Economics Answer Key 2025 will release shortly after 1 PM today when the exam gets over.
08 00 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Release Date
Class 10 ICSE Economics Answer Key 2025 will release today i.e. February 28.
01 30 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Most Scoring Section
Section A partially being MCQ-based and very short answer type based section is considered most scoring section in the Class 10 ICSE Economics exam 2025.
01 15 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Are Section B answers present in the answer key?
No, Section B answers aren't present in the Class 10 ICSE Economics Answer Key 2025 because it's entirely a subjective question-answer based section.
01 00 AM IST - 28 Feb'25
Class 10 ICSE Economics Answer Key 2025: Weightage of Section B
Section B of the Class 10 ICSE Economics exam 2025 covers a total of 40 marks with subjective type questions.
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