CUET Economics PYQs

It refers to the increase in the country's capacity to produce the output of goods and services within the country.

Slope of Consumption curve is denoted by :

________ is known as proneness to fall ill.

Which of the following are the strategies of sustainable development ? (A) Bio composting (B) Use of CNG in public transport (C) Use of thermal power plants (D) Use of solar energy (E) Use of wood Choose the correct answer from the options given below :

Money in the form of currency (Notes+Coins) held by the public, Net Demand deposits held by commercial Banks and the saving deposits with Post Office saving banks are known as :

Distribution of output relates to which central problem of an Economy ?

Which of the following inequality represents the consumer's budget constraint ?

Identify the statement true about development.

If MPC and MPS are equal, then the value of multiplier is :

This bank does not accept deposits from the public and does not lend to general public :

Match List - I with List - II. | | List - I | | List - II | |---|---|---|---| | (A) | Marginal Propensity to Save | (I) | $\frac{\Delta Y}{\Delta I}$ | | (B) | Average Propensity to Consume | (II) | $\frac{\Delta S}{\Delta Y}$ | | (C) | Value of Investment Multiplier | (III) | 1 - APS | | (D) | Marginal Propensity to Consume | (IV) | $\frac{\Delta C}{\Delta Y}$ | Choose the correct answer from the options given below :

When was the TISCO (Tata Iron & Steel Company) incorporated ?

________ specify the quantity of goods which can be imported.

Match List - I with List - II. | | List - I (Curves) | | List - II (Shape) | |---|---|---|---| | (A) | Aggregate demand curve | (I) | Upward sloping line with a positive intercept on y-axis | | (B) | Aggregate supply curve | (II) | Parallel to x axis | | (C) | Autonomous investment curve | (III) | 45 degree line passing through the origin | | (D) | Consumption function | (IV) | Parallel to consumption function | Choose the correct answer from the options given below :

Regarding Average Propensity to save : (A) APS can be zero (B) APS can be more than one (C) APS can be negative (D) APS can be one (E) APS can be positive Choose the correct answer from the options given below :

The use of High Yielding Variety (HYV) seeds brought in a revolution in Indian agriculture. HYV seeds highly benefitted ________ crops.

In the last few decades, there has been rapid growth in the gross domestic product, but without simultaneous increase in ________. This has forced the government to take up initiatives in generating employment opportunities particularly in the rural areas.

Which of the following statements are true ? (A) Managed floating is also called dirty floating. (B) Making domestic currency cheaper by government is called devaluation (C) Exchange rate determined by the market forces of demand and supply, known as floating exchange rate. (D) In a fixed exchange rate system, the government fixes the exchange rate. Choose the correct answer from the options given below :

The main economic motive of opening the Suez canal was :

Which out of the following will be included in National Income ? (A) Ramesh sold his car for Rs. 5,00,000 which he used for 2 years (B) Interest paid on car loan taken by Mohan (C) Interest on debentures (D) Radha purchased goods worth Rs. 1000 to prepare cakes to be sold in an exhibition (E) Profit earned by Reliance Industries from their branch in London Choose the correct answer from the options given below :

Identify the statement associated with Indian Economic Crisis of 1991?

Savita consumes 2 goods X and Y. If marginal utility of X is 30 utils and that of Y is 45 utils. Prices of both goods X and Y are Rs. 3 and Rs. 5 respectively. Savita will consume ________.

Which among the following will lead to a reduction in the money supply of the economy ?

Increase in demand refers to :

Arrange the following steps of calculating National Income by value added method in the proper sequence. (A) Calculate Gross value of output (B) Calculate Gross value added (C) Calculate value of output in Primary, Secondary and Tertiary sector (D) Calculate National Income Choose the correct answer from the options given below :

The predecessor organisation to World Trade Organisation was ________.

The following are the features of formal sector of employment : (A) Seasonal work (B) 10 or more hired workers (C) Social security benefits (D) No trade union Choose the correct answer from the options given below :

Match List - I with List - II. | | List - I | | List - II | |---|---|---|---| | (A) | Monthly Per Capita Expenditure | (I) | Relative poverty | | (B) | Comparison of poverty among nations | (II) | Helps to identify the poor | | (C) | Measure of total number of poor people | (III) | Poverty line | | (D) | Cut-off point which divides population as poor or non-poor | (IV) | Head Count Ratio | Choose the correct answer from the options given below :

In a market Economy; prices are determined by :

For a given demand function Y = 50 - 2P, the quantity demanded at P = Rs. 20 is :

Match List - I with List - II. | | List - I | | List - II | |---|---|---|---| | (A) | Inventories | (I) | GNP - Depreciation | | (B) | Rent | (II) | GDP + NFIA | | (C) | GNP | (III) | Capital | | (D) | NNP | (IV) | Factor Payment | Choose the correct answer from the options given below :

Which is the major environmental issue ?

To find Gross value added, arrange the following in sequence : (A) Import (B) Export (C) Domestic sales (D) Domestic purchase of Raw material (E) Change in inventories Choose the correct answer from the options given below :

Match List - I with List - II. | | List - I | | List - II | |---|---|---|---| | (A) | Value of output | (I) | Sales + Change in stock | | (B) | Operating surplus | (II) | Sales + Change in stock - Intermediate consumption | | (C) | Profit | (III) | Rent + Interest + Royalty + Profit | | (D) | Value added | (IV) | Corporation tax + Undistributed profit + Dividend | Choose the correct answer from the options given below :

The notable estimators - Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao and R.C. Desai during the colonial period estimated.

Decrease in value of domestic currency to foreign currency in fixed exchange rate system is called :

Capital Account of balance of payment includes : (A) Export and Import of goods (B) Receipt of loans from abroad (C) Purchase of shares in foreign countries (D) Current transfers from Abroad (E) Repayment of International loans Choose the correct answer from the options given below :

Arrange the following in Chronological sequence : (A) Economic reforms in India (B) Green revolution in India (C) Economic crisis relating to India's external debt (D) Independence of India Choose the correct answer from the options given below :

Interest paid on loan taken from IMF will be recorded in ________ side of ________ account.

The transactions which are determined by the gap in the balance of payments, whether a deficit or surplus is called :