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Exam Review

Key Facts: CHSE Odisha Elective Economics Exam

200 marks

Elective Economics total across Year 1 (100) + Year 2 (100)

CHSE Odisha Arts Courses of Studies

Year-2 Council

AHSE paper that counts toward the final pass certificate

CHSE Odisha scheme of studies

Paper I

Indian Economy and Statistics (structure, planning, challenges, stats tools)

CHSE Elective Economics Paper I

Paper II

Elementary Micro and Macro (demand to markets; NI, money, budget)

CHSE Elective Economics Paper II

In AHSE fee

No separate elective marketplace fee; included in session exam fee

CHSE Odisha AHSE fee structure via colleges

CHSE Odisha Elective Economics is a +2 Arts elective (200 marks: Year-1 Indian Economy & Statistics + Year-2 elementary micro/macro). Council Year-2 AHSE counts for the pass certificate. This free 2026 bank is an English MCQ study adaptation covering topics from official units—not a pure official-format simulation.

Sample CHSE Odisha Elective Economics Practice Questions

Try these sample questions to review concepts for the CHSE Odisha Elective Economics exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1A basic characteristic of the contemporary Indian economy is that it is:
A.A mixed economy with both public and private sectors
B.A pure command economy with no private firms
C.An economy without any agricultural sector
D.An economy with zero international trade
Explanation: India is conventionally described as a mixed economy: markets and private enterprise coexist with public-sector and regulatory roles.
2Structural change in the Indian economy typically refers to shifts in the relative shares of:
A.Primary, secondary and tertiary sectors in output and employment
B.Only the share of gold in foreign reserves
C.Only the number of political parties
D.Only the length of railway tracks without output shares
Explanation: Structural change means long-run shifts in the relative contributions of agriculture (primary), industry (secondary) and services (tertiary).
3In the three-sector classification, the tertiary sector mainly includes:
A.Services such as trade, transport, banking, education and health
B.Only crop cultivation and animal husbandry
C.Only mining of coal and iron ore
D.Only manufacturing of steel and cement
Explanation: The tertiary (services) sector covers non-goods production activities such as trade, finance, transport, communication, education and health.
4Over recent decades, India's GDP structure has generally shown a rising share of:
A.The services (tertiary) sector
B.Only subsistence hunting
C.Only colonial plantation monopolies
D.A complete disappearance of industry
Explanation: A well-documented feature of India's structural change is the growing relative contribution of services to GDP.
5Demographic features of India that shape the economy include:
A.A large population, a young age structure in many periods, and uneven density across states
B.A permanently zero birth rate
C.No rural population at all
D.Identical population density in every district
Explanation: India's demography features a large total population, historically high growth and a young population in many phases, with large state and rural–urban differences.
6An adverse economic effect of rapid population growth can be:
A.Pressure on employment, food, housing and public services that can slow per-capita gains
B.Automatic elimination of poverty without policy
C.Guaranteed full employment for all workers
D.Immediate rise of every household into the high-income group
Explanation: Rapid population growth can strain resources and public services and make it harder to raise living standards per person even when total output rises.
7India's population policy has long emphasised:
A.Family planning, reproductive health, and slower population growth with better human development
B.Banning all education for women
C.Encouraging unlimited population growth as the sole goal
D.Ending all agricultural production
Explanation: Official population policy focuses on voluntary family planning, maternal and child health, and linking slower growth to development goals.
8The primary sector of the economy mainly covers:
A.Agriculture, forestry, fishing and mining
B.Only software exports
C.Only commercial banking
D.Only central government budget making
Explanation: Primary activities extract or harvest natural resources: farming, animal husbandry, forestry, fishing and mining.
9Agriculture is important for the Indian economy mainly because it:
A.Provides food, raw materials, employment and rural livelihoods for a large workforce
B.Is the only source of foreign exchange always
C.Has no link with industry
D.Is irrelevant to employment
Explanation: Agriculture supplies food and industrial raw materials and still employs a large share of the workforce, supporting rural demand.
10A major cause of low agricultural productivity in India has been:
A.Small and fragmented holdings, inadequate irrigation and limited modern inputs for many farms
B.Universal excess of machinery on every holding
C.Complete absence of any rainfall ever
D.Total ban on use of seeds
Explanation: Low productivity is linked to fragmented holdings, incomplete irrigation coverage, credit and input constraints, and technology gaps for many cultivators.

About the CHSE Odisha Elective Economics Exam

Odisha CHSE Higher Secondary Elective Economics follows the Arts Courses of Studies: Year 1 (Paper I — Indian Economy and Statistics) covers characteristics and structural change of the Indian economy, agriculture and industry (including industrial policies and the Green Revolution), infrastructure and foreign trade, planning and NITI Aayog, economic reforms since 1991, poverty, unemployment, inflation, sustainable development, and statistics for economics (data sources, frequency distributions, central tendency, dispersion, correlation, regression, index numbers, time series). Year 2 (Paper II — Elementary Micro and Macro Economics) covers scarcity and central problems, utility and demand, production and costs, market forms, national-income aggregates (GDP, GNP, NDP, NNP), simple income determination, money, commercial and central banking, and public finance/budget. Electives total 200 marks; the Council Year-2 paper counts toward the pass certificate. Prescribed text: Bureau's Higher Secondary (+2) Economics, Part-I & Part-II (Odisha State Bureau of Textbook Preparation & Production, Bhubaneswar).

Exam sponsor: Council of Higher Secondary Education, Odisha (CHSE Odisha). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

CHSE Odisha Higher Secondary Elective Economics carries 200 marks (100 Year-1 Indian Economy and Statistics at college level + 100 Year-2 Elementary Micro and Macro Economics at Council AHSE for the final pass certificate). Each paper is typically about 3 hours. Year 1 covers Indian economy structure, sectoral development, planning and reforms, current challenges, and statistics for economics. Year 2 covers micro foundations (demand, production, cost, markets) and macro foundations (national income, money, banking, public finance). This free bank is an English MCQ study adaptation—not a full long-answer simulation.

Time Limit

3 hours (per 100-mark paper)

Passing Score

~30% minimum in theory (confirm current AHSE circular)

Exam / Certification Fees

Included in the CHSE Odisha AHSE examination fee for the session (collected through the affiliated college/H.S. school; no separate public per-elective marketplace fee).

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

~8% of this local bank

Status of Indian Economy

Mixed economy, structural change, demographics, population policy.

~10% of this local bank

Sectoral Development

Agriculture, industry policies, infrastructure, foreign trade.

~8% of this local bank

Planning & Reforms

Planning objectives, NITI Aayog, liberalisation–privatisation–globalisation.

~9% of this local bank

Current Challenges

Poverty, unemployment, inflation, sustainable development.

~20% of this local bank

Statistics for Economics

Sources, diagrams, averages, dispersion, correlation, indices, time series.

~25% of this local bank

Microeconomics

Scarcity, demand/utility, production, cost–revenue–supply, markets.

~12% of this local bank

National Income

GDP/GNP/NDP/NNP identities, real vs nominal, simple Keynesian AD.

~8% of this local bank

Money, Banking & Public Finance

Money functions, banks, central bank, budget surplus/deficit.

Preparing for the CHSE Odisha Elective Economics Exam

What You Need to Know

  • Passing score: ~30% minimum in theory (confirm current AHSE circular)
  • Assessment: CHSE Odisha Higher Secondary Elective Economics carries 200 marks (100 Year-1 Indian Economy and Statistics at college level + 100 Year-2 Elementary Micro and Macro Economics at Council AHSE for the final pass certificate). Each paper is typically about 3 hours. Year 1 covers Indian economy structure, sectoral development, planning and reforms, current challenges, and statistics for economics. Year 2 covers micro foundations (demand, production, cost, markets) and macro foundations (national income, money, banking, public finance). This free bank is an English MCQ study adaptation—not a full long-answer simulation.
  • Time limit: 3 hours (per 100-mark paper)
  • Exam / certification fees: Included in the CHSE Odisha AHSE examination fee for the session (collected through the affiliated college/H.S. school; no separate public per-elective marketplace fee). Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

CHSE Odisha Elective Economics: Suggested Study Strategy

1Memorise GDP/GNP/NDP/NNP links: NFIA for gross national vs domestic; depreciation for net vs gross; net indirect taxes for market price vs factor cost.
2Drill simple calculations: mean/median, growth rates, elasticity percentages, and MP/MC from tables.
3Separate movements along demand/supply curves (own price) from shifts (other determinants).
4Tie Indian economy units to current programmes (e.g., employment guarantees) without inventing outdated scheme lists as permanent facts.
5Use Bureau's Higher Secondary (+2) Economics Part-I & Part-II and current AHSE circulars from chseodisha.nic.in.

Frequently Asked Questions

How is CHSE Odisha Higher Secondary Elective Economics examined?

Elective Economics carries 200 marks (100 Year-1 college-level Indian Economy and Statistics + 100 Year-2 Council AHSE Elementary Micro and Macro Economics). The Council Year-2 result contributes to the final pass certificate. Papers are typically about 3 hours and mix objective and analytical written items—not a pure MCQ board paper.

What does Year 1 Economics cover?

Paper I covers the status of the Indian economy, sectoral development (agriculture, industry, infrastructure, foreign trade), economic planning and reforms (including NITI Aayog and LPG since 1991), current challenges (poverty, unemployment, inflation, sustainable development), and statistics for economics (data sources, frequency distributions, central tendency, dispersion, correlation, index numbers, time series).

What does Year 2 Economics cover?

Paper II covers introductory microeconomics (central problems, utility, demand and elasticity, production, cost/revenue/supply, market forms) and introductory macroeconomics (national-income aggregates such as GDP, GNP, NDP and NNP, simple Keynesian income determination, money, commercial and central banking, and public finance/budget).

Is this practice bank the same format as the official CHSE paper?

No. Official papers mix objective and constructed-response economic analysis, including numerical and diagram-based work. This bank is an English-language multiple-choice study adaptation for concept revision—not an official blueprint replica.

What is the pass mark?

CHSE Odisha AHSE practice commonly requires about 30% as the minimum pass floor in theory (for example, 24 out of 80 where theory is 80 with internal assessment). Confirm the current AHSE notification on chseodisha.nic.in.

What does the exam cost?

Examination charges are included in the CHSE Odisha AHSE fee structure notified for the session and collected through the affiliated college/H.S. school—no separate public per-elective marketplace fee.