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Q1:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience (1947-90)

Medium

Arrange the following in chronological order. (A) First census (B) Year of Great Divide (C) Opening of Suez Canal (D) Introduction of Railways (E) Incorporation of TISCO Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q2:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience (1947-90)

Easy

During second half of 19th century, modern industry began to take roots in India. Initially development was confined to _______.

Answer options
Correct Answer
Option 1
Correct Answer
Explanation →

Q3:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience (1947-90)

Easy

Which of the following is not an impact of the Green Revolution ?

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q4:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience (1947-90)

Medium

Small scale industries could not compete with the large firms and hence were protected by the government. Which of the following statements is incorrect with regard to this :

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Correct Answer
Option 4
Correct Answer
Explanation →

Q5:

CUET Economics 2022 Slot 5

Indian Economic Development > Economic Reforms (1991)

Medium

Identify the correct order of the events in which they occurred in India. (A) Removal of quantitative restrictions on import of manufactured goods. (B) Indian parliament passed a law, Goods and Services Act. (C) Establishment of GATT (D) WTO founded as successor organisation to GATT. Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q6:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

The official data on poverty is made available to public by :

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q7:

CUET Economics 2022 Slot 5

Indian Economic Development > Human Capital Formation

Easy

Identify the organisation, which facilitates institutions which come under the health sector in India.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q8:

CUET Economics 2022 Slot 5

Indian Economic Development > Human Capital Formation

Medium

Individuals invest in education with the objective of : (A) Increasing their future incomes (B) To make better choices in life (C) Accelerating the process of economic development (D) Making wise financial decisions Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q9:

CUET Economics 2022 Slot 5

Indian Economic Development > Rural Development

Medium

Which of the following is not true about Agricultural Marketing System ?

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q10:

CUET Economics 2022 Slot 5

Macro > Balance of Payments

Medium

Match List - I with List - II. | List - I (Concept) | List - II (Meaning) | |---|---| | (A) Trade surplus | (I) Excess of the payments for import of goods over the receipts for export of goods | | (B) Devaluation of currency | (II) Excess of exports of goods over the imports of goods | | (C) Trade deficit | (III) Fall in the external value of a domestic currency as notified by the government of the country | | (D) Balance of trade | (IV) Difference between the value of exports and value of imports of goods of a country | Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q11:

CUET Economics 2022 Slot 5

Macro > Government Budget

Medium

Which of the following statements is true ? (A) Fiscal deficit is the difference between the government's budgetary expenditure and budgetary receipts excluding borrowings. (B) Primary deficit is the difference between total receipts and interest payments. (C) Increase in revenue deficit will always lead to higher fiscal deficit. (D) Primary deficit equals revenue deficit less interest payments. (E) Revenue deficit refers to excess of government's revenue expenditure over its revenue receipts. Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q12:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

In India number of girls, have reduced from 927 per 1000 boys in 2001 to 919 in 2011. This deterioration in child sex ratio is due to increase in :

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q13:

CUET Economics 2022 Slot 5

Indian Economic Development > Sustainable Economic Development

Easy

Which one of the following is conventional source of energy ?

Answer options
Correct Answer
Option 1
Correct Answer
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Q14:

CUET Economics 2022 Slot 5

Indian Economic Development > Sustainable Economic Development

Easy

Which of the following is NOT a reason for environmental crisis ?

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q15:

CUET Economics 2022 Slot 5

Indian Economic Development > Human Capital Formation

Easy

Which of the following is NOT a part of Health infrastructure ?

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q16:

CUET Economics 2022 Slot 5

Micro > Introduction

Easy

Which of the following is part of Microeconomics ?

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q17:

CUET Economics 2022 Slot 5

Micro > Introduction

Easy

Problem of for whom to produce is related to _______.

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Correct Answer
Option 4
Correct Answer
Explanation →

Q18:

CUET Economics 2022 Slot 5

Micro > Introduction

Medium

Match List - I with List - II. | List - I | List - II | |---|---| | (A) Centrally planned economy | (I) Depends on demand and supply forces | | (B) Mixed economy | (II) Economic problem | | (C) Market economy | (III) Socialist economy | | (D) Problem of choice | (IV) Public and Private sector | Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q19:

CUET Economics 2022 Slot 5

Macro > Government Budget

Medium

Wealth tax and gift tax have never bought in large amount of revenue for the government and thus are referred to as _______.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q20:

CUET Economics 2022 Slot 5

Micro > Consumer Behaviour

Medium

Match List - I with List - II. | List - I | List - II | |---|---| | (A) Fall in price of good | (I) Tea and coffee | | (B) Complementary goods | (II) Expansion of demand | | (C) Substitute good | (III) Shifting of demand curve | | (D) Rise in income | (IV) Shoes and socks | Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q21:

CUET Economics 2022 Slot 5

Indian Economic Development > Rural Development

Medium

Match List - I with List - II. | List - I (Concept) | List - II (Meaning) | |---|---| | (A) Agricultural Diversification | (I) goods reach different places through market channels | | (B) Organic Farming | (II) infusion of capital in rural economy | | (C) Agricultural Marketing | (III) ecofriendly agricultural technology | | (D) Rural Credit | (IV) change in cropping pattern | Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q22:

CUET Economics 2022 Slot 5

Macro > Income & Employment

Medium

Calculate autonomous consumption expenditure from the following data about an economy which is in equilibrium. National Income = Rs. 1000 Marginal propensity to save = 0.2 Investment expenditure = Rs. 150

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q23:

CUET Economics 2022 Slot 5

Macro > Income & Employment

Easy

Given the consumption function of an economy C = 200 + 0.25 Y, what is the value of slope of the savings function ?

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q24:

CUET Economics 2022 Slot 5

Macro > Money & Banking

Medium

In a situation of Excess Demand. Choose the correct option. (A) Cash reserve ratio should decrease (B) Bank rate should increase (C) Statutory Liquidity Ratio should increase (D) Statutory Liquidity Ratio should decrease Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q25:

CUET Economics 2022 Slot 5

Macro > Income & Employment

Medium

Match List - I with List - II. | List - I | List - II | |---|---| | (A) MPC (Marginal Propensity to Consume) | (I) $\frac{\Delta Y}{\Delta I}$ | | (B) MPS (Marginal Propensity to Save) | (II) $\frac{\Delta C}{\Delta Y}$ | | (C) K (Multiplier) | (III) C + I | | (D) AD (Aggregate Demand) | (IV) $\frac{\Delta S}{\Delta Y}$ | Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q26:

CUET Economics 2022 Slot 5

Macro > Income & Employment

Medium

What does breakeven point indicate ? (A) MPS = 0 (B) APC = 1 (C) MPS = 1 (D) APS = 0 Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q27:

CUET Economics 2022 Slot 5

Macro > Income & Employment

Easy

From the equations given below, choose the equation which correctly represents the consumption function.

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q28:

CUET Economics 2022 Slot 5

Macro > National Income

Medium

Given below are the steps for calculation of National Income by value added method. Place them in the correct sequence. (A) Estimate Gross Domestic Product at market price (B) Calculate Net Domestic Product at factor cost (C) Estimation of value of output produced by each firm in all sectors of the economy during the year (D) Calculate Net National Product at factor cost Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 1
Correct Answer
Explanation →

Q29:

CUET Economics 2022 Slot 5

Macro > National Income

Medium

Identify which of the following are included in National Income ? (A) Gifts from abroad (B) Compensation of employees paid by a company located in India (C) Prize won in a lottery (D) Purchase of NCERT textbook by a student Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q30:

CUET Economics 2022 Slot 5

Macro > National Income

Easy

Which of the following formula is correct ?

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q31:

CUET Economics 2022 Slot 5

Macro > National Income

Medium

Choose the correct sequence to arrive at $NNP_{FC}$ using value added method. (A) $GDP_{MP}$ - Depreciation (B) $NDP_{MP}$ - Net Indirect Taxes (C) Value of output - Intermediate cost (D) Domestic income + Net factor income from abroad Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q32:

CUET Economics 2022 Slot 5

Macro > National Income

Medium

Which of the following is NOT included in estimation of national income ?

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q33:

CUET Economics 2022 Slot 5

Macro > National Income

Medium

Which of the following components, is NOT a part of compensation of employees, while estimating national income ?

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q34:

CUET Economics 2022 Slot 5

Macro > Balance of Payments

Medium

Arrange the following statements relating to appreciation of domestic currency in the correct sequence. (A) The demand curve for foreign exchange shifts to the right of the original demand curve (B) Due to some reason the exchange rate falls to 1$ = Rs. 70 (C) The initial exchange rate is 1$ = Rs. 75 (D) This increase the demand for foreign goods and services by Indians Choose the correct answer from the options given below :

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q35:

CUET Economics 2022 Slot 5

Indian Economic Development > Sustainable Economic Development

Easy

Which of the following is not an abiotic element ?

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q36:

CUET Economics 2022 Slot 5

Indian Economic Development > Sustainable Economic Development

Medium

When environment fails to perform _______ function it results in an environmental crisis.

Answer options
Correct Answer
Option 1
Correct Answer
Explanation →

Q37:

CUET Economics 2022 Slot 5

Indian Economic Development > Sustainable Economic Development

Easy

Appiko movement, which aimed at protecting forests was initiated in which state ?

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q38:

CUET Economics 2022 Slot 5

Indian Economic Development > Employment

Easy

Formal sector employs a minimum of _______ number of employees.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q39:

CUET Economics 2022 Slot 5

Indian Economic Development > Employment

Easy

The process of moving from self-employed and regular salaried employment to casual wage work is known as _______.

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q40:

CUET Economics 2022 Slot 5

Indian Economic Development > Employment

Easy

Mahatma Gandhi National Rural Employment Guarantee Act 2005, promises _______ days of guaranteed wage employment.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q41:

CUET Economics 2022 Slot 5

Macro > Money & Banking

Easy

In India currency notes are issued by the Reserve Bank of India (RBI) which is the monetary authority of India. However, coins are issued by the government of India. Apart from currency notes and coins, balance in savings or current account deposits held by the public in commercial bank is also considered money. Since cheques drawn on these accounts are used to settle transaction such deposits are called demand deposit. They are payable by the bank on demand. Other deposits, eg. fixed deposits, have a fixed period of maturity and are therefore referred to as time deposit.

In India currency notes are issued by _______.

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q42:

CUET Economics 2022 Slot 5

Macro > Money & Banking

Easy

In India currency notes are issued by the Reserve Bank of India (RBI) which is the monetary authority of India. However, coins are issued by the government of India. Apart from currency notes and coins, balance in savings or current account deposits held by the public in commercial bank is also considered money. Since cheques drawn on these accounts are used to settle transaction such deposits are called demand deposit. They are payable by the bank on demand. Other deposits, eg. fixed deposits, have a fixed period of maturity and are therefore referred to as time deposit.

In India coins are issued by _______.

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q43:

CUET Economics 2022 Slot 5

Macro > Money & Banking

Easy

In India currency notes are issued by the Reserve Bank of India (RBI) which is the monetary authority of India. However, coins are issued by the government of India. Apart from currency notes and coins, balance in savings or current account deposits held by the public in commercial bank is also considered money. Since cheques drawn on these accounts are used to settle transaction such deposits are called demand deposit. They are payable by the bank on demand. Other deposits, eg. fixed deposits, have a fixed period of maturity and are therefore referred to as time deposit.

_______ are deposits which have a fixed period of maturity.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q44:

CUET Economics 2022 Slot 5

Macro > Money & Banking

Easy

In India currency notes are issued by the Reserve Bank of India (RBI) which is the monetary authority of India. However, coins are issued by the government of India. Apart from currency notes and coins, balance in savings or current account deposits held by the public in commercial bank is also considered money. Since cheques drawn on these accounts are used to settle transaction such deposits are called demand deposit. They are payable by the bank on demand. Other deposits, eg. fixed deposits, have a fixed period of maturity and are therefore referred to as time deposit.

Who among the following is responsible for controlling money supply in the economy ?

Answer options
Correct Answer
Option 4
Correct Answer
Explanation →

Q45:

CUET Economics 2022 Slot 5

Macro > Money & Banking

Easy

In India currency notes are issued by the Reserve Bank of India (RBI) which is the monetary authority of India. However, coins are issued by the government of India. Apart from currency notes and coins, balance in savings or current account deposits held by the public in commercial bank is also considered money. Since cheques drawn on these accounts are used to settle transaction such deposits are called demand deposit. They are payable by the bank on demand. Other deposits, eg. fixed deposits, have a fixed period of maturity and are therefore referred to as time deposit.

Deposits which are payable on demand are called _______.

Answer options
Correct Answer
Option 3
Correct Answer
Explanation →

Q46:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

Select Demographic Indicator 2015. | Country | Estimated Population in million | Density per sq. km | Annual Growth of Population | Sex Ratio | Fertility Rate | Urbanisation | |---|---|---|---|---|---|---| | India | 1311 | 441 | 1.2 | 929 | 2.3 | 33 | | China | 1371 | 146 | 0.5 | 941 | 1.6 | 56 | | Pakistan | 188 | 245 | 2.1 | 947 | 3.7 | 39 |

Which country has the lowest density and highest density per sq. km. ?

Answer options
Correct Answer
Option 1
Correct Answer
Explanation →

Q47:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

Select Demographic Indicator 2015. | Country | Estimated Population in million | Density per sq. km | Annual Growth of Population | Sex Ratio | Fertility Rate | Urbanisation | |---|---|---|---|---|---|---| | India | 1311 | 441 | 1.2 | 929 | 2.3 | 33 | | China | 1371 | 146 | 0.5 | 941 | 1.6 | 56 | | Pakistan | 188 | 245 | 2.1 | 947 | 3.7 | 39 |

Which country has the highest and lowest annual growth rate of population ?

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q48:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

Select Demographic Indicator 2015. | Country | Estimated Population in million | Density per sq. km | Annual Growth of Population | Sex Ratio | Fertility Rate | Urbanisation | |---|---|---|---|---|---|---| | India | 1311 | 441 | 1.2 | 929 | 2.3 | 33 | | China | 1371 | 146 | 0.5 | 941 | 1.6 | 56 | | Pakistan | 188 | 245 | 2.1 | 947 | 3.7 | 39 |

Identify the reason for low growth of population in China.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q49:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

Select Demographic Indicator 2015. | Country | Estimated Population in million | Density per sq. km | Annual Growth of Population | Sex Ratio | Fertility Rate | Urbanisation | |---|---|---|---|---|---|---| | India | 1311 | 441 | 1.2 | 929 | 2.3 | 33 | | China | 1371 | 146 | 0.5 | 941 | 1.6 | 56 | | Pakistan | 188 | 245 | 2.1 | 947 | 3.7 | 39 |

Arrange the countries in increasing order in terms of urbanisation.

Answer options
Correct Answer
Option 2
Correct Answer
Explanation →

Q50:

CUET Economics 2022 Slot 5

Indian Economic Development > Development Experience of India

Easy

Select Demographic Indicator 2015. | Country | Estimated Population in million | Density per sq. km | Annual Growth of Population | Sex Ratio | Fertility Rate | Urbanisation | |---|---|---|---|---|---|---| | India | 1311 | 441 | 1.2 | 929 | 2.3 | 33 | | China | 1371 | 146 | 0.5 | 941 | 1.6 | 56 | | Pakistan | 188 | 245 | 2.1 | 947 | 3.7 | 39 |

Arrange the countries in decreasing order in terms of sex ratio.

Answer options
Correct Answer
Option 1
Correct Answer
Explanation →

CUET Economics - Past Year Questions

Practice with our comprehensive collection of CUET Economics Past Year Questions (PYQs) with detailed solutions. No login required. We have created handwritten solutions for all CUET Economics questions for free!

CUET Economics Past Year Questions (Topic-Wise):

Indian Economic Development

  • Rural Development
  • Development Experience of India
  • Employment
  • Human Capital Formation
  • Economic Reforms (1991)
  • Poverty
  • Introduction
  • Sustainable Economic Development
  • Development Experience (1947-90)

Macro

  • Introduction
  • Government Budget
  • Balance of Payments
  • Income & Employment
  • National Income
  • Money & Banking

Micro

  • Consumer Behaviour
  • Production & Costs
  • Forms of Market
  • Introduction
  • Market Equilibrium
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