AfterBoards Logo
Skip to main contentSkip to solution

CUET Economics 2022 PYQs30 Aug Shift 2. Free, no login required.

Macro

past year questions, CUET Economics 2022 30 Aug Shift 2

National Income

past year questions, Macro, CUET Economics 2022 30 Aug Shift 2

Medium

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

Solution

✅ Correct Option: 3

Compensation of employees includes wages and salaries in cash (1), wages in kind like rent-free house (2), and employer's contribution to provident fund (4). Term insurance paid by the employee himself is personal expenditure, not part of compensation of employees.

Related questions:

2026: 12 May Shift 1

Which of the following can be used to measure the change in prices in an economy-

(A) GDP deflator

(B) Industrial Price Index

(C) Rate of inflation

(D) Wholesale price index

Choose the correct answer from the options given below:

2026: 23 May Shift 1

Based on given information, estimate the value of National Income:

A. Compensation to employees in cash 300 cr

B. Compensation to employees in kind 400 cr

C. Operating surplus 865 cr

D. Profits 280 cr

E. Mixed Income 620 cr

F. Net factor income from abroad (-) 30 cr

Choose the correct answer from the options given below:

2025: 30 May Shift 1

Match List-I with List-II

List-IList-II
(A) GDP at constant price(i) known as Nominal GDP
(B) GDP at current price(ii) Increases only when there is increase in the quantum of output in the economy.
(C) Welfare of the people(III) known as earned income
(D) Factor income(IV) Measured in terms of the availability of goods and services

Choose the correct answer from the options given below:

2026: 19 May Shift 2

Choose the correct statement from the following.

2025: 26 May Shift 2

Which of the following are included while calculating national income by expenditure method?

(A) Expenditure on single-use producer goods purchased by firms.

(B) Expenditure incurred by a private trust running an orphanage on the education of the children.

(C) Expenditure incurred by the government on building dams and bridges across the nation.

(D) Expenditure by foreigners on the final goods produced in the country.

Choose the correct answer from the options given below:

2022: 19 July Shift 2

Identify the items which will be classified as stock items.

(A) Production

(B) Money supply

(C) Interest on deposits

(D) Savings

(E) Capital stock in a Country

Choose the correct answer from the options given below :

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question

CUET Economics Past Year Questions (Topic-Wise)