ICSE Class 10 Public Finance — Mock Test (2027)
Free online mock test for Public Finance (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 Public Finance 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.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 : ___________
- a.Direct tax
- b.Indirect tax
- c.Administrative
- d.Commercial
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2.The Government of India borrows a large sum of money from international financial institutions to build highways and modernise railway infrastructure. This situation is an example of:
- a.debt used for productive purpose.
- b.internal debt.
- c.public revenue.
- d.net debt.
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3.Statement 1: Income tax, GST, and Custom Duties are examples of Tax Revenue. Statement 2: Escheat and Forfeitures are also a part of Tax Revenue.
- a.Both Statements 1 and 2 are true.
- b.Both Statements 1 and 2 are false.
- c.Statement 1 is true, and Statement 2 is false.
- d.Statement 1 is false, and Statement 2 is true.
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4.Identify the type of debt raised by the government for organising relief camps during natural disasters.
- a.Productive
- b.Unproductive
- c.Gross
- d.Funded
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5.The rate of tax, which is uniform for all the taxpayers, is termed as:
- a.Progressive
- b.Proportional
- c.Regressive
- d.Direct
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