Q1:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Easy
Which of the following is a problem associated with the policy of land ceiling ?
Correct Answer
Option 2
Correct Answer
CUET Economics 2023 11 June Shift 3 PYQs
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Q2:
11 June Shift 3
Macro > National Income
Easy
Net Indirect tax refers to :
Correct Answer
Option 2
Correct Answer
Q3:
11 June Shift 3
Macro > National Income
Easy
If we deduct depreciation from $GNP_{mp}$ the measure of aggregate income that we obtain is called :
Correct Answer
Option 2
Correct Answer
Q4:
11 June Shift 3
Macro > Money & Banking
Easy
A fall in the bank rate __________ the money supply.
Correct Answer
Option 2
Correct Answer
Q5:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Easy
Which of the following is included in social infrastructure ?
Correct Answer
Option 3
Correct Answer
Q6:
11 June Shift 3
Macro > Government Budget
Easy
Which deficit includes only such transactions that affect the current income and expenditure of the government ?
Correct Answer
Option 1
Correct Answer
Q7:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Medium
Match List - I with List - II. List - I | List - II (A) TISCO | (I) Per capita income (B) VKRV Rao | (II) Land settlement system (C) Zamindari | (III) Commercialisation of agriculture (D) Cash crops | (IV) Capital Goods Industry Choose the correct answer from the options given below :
Correct Answer
Option 4
Correct Answer
Q8:
11 June Shift 3
Macro > Government Budget
Easy
__________ is a revenue receipt of the Government.
Correct Answer
Option 1
Correct Answer
Q9:
11 June Shift 3
Macro > National Income
Medium
Match List - I with List - II. List - I | List - II (A) Indirect Tax | (I) GDP of India (B) Stock | (II) Corporate Tax (C) Flow | (III) Goods and Service Tax (D) Direct Tax | (IV) Natural Wealth of an Economy Choose the correct answer from the options given below :
Correct Answer
Option 1
Correct Answer
Q10:
11 June Shift 3
Indian Economic Development > Development Experience of India
Medium
Put the following happenings in chronological order : (A) Economic reforms in India (B) First five year plan of Pakistan (C) One child policy in China (D) Economic reforms in Pakistan Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q11:
11 June Shift 3
Macro > Balance of Payments
Medium
Profits obtained by a foreign firm's branch in India will be recorded on which side and in which account of balance of payment.
Correct Answer
Option 2
Correct Answer
Q12:
11 June Shift 3
Micro > Consumer Behaviour
Medium
In the Linear Demand Curve AB, the elasticity of demand ($e_D$) at point D can be measured geometrically by the formula __________. <img src="https://balti.afterboards.in/gmpk8cyXpzXtuMm" width="300px"/>
Correct Answer
Option 1
Correct Answer
Q13:
11 June Shift 3
Indian Economic Development > Employment
Hard
Match List - I with List - II. List - I (Organisation/NGO) | List - II (Location) (A) SEWA | (I) New Delhi (B) Kashta Kari Sangathan | (II) Nilgiris (C) NCERT | (III) Ahmedabad (D) ACCORD | (IV) Thane Choose the correct answer from the options given below :
Correct Answer
Option 2
Correct Answer
Q14:
11 June Shift 3
Macro > National Income
Hard
Which of the following is a part of Domestic product of India ? (A) Gifts given by employer to his employees (B) Profits earned by branches of country's bank in other countries (C) Profits earned by foreign companies in India (D) Purchase of goods by foreign tourists Choose the correct answer from the options given below :
Correct Answer
Option 4
Correct Answer
Q15:
11 June Shift 3
Indian Economic Development > Human Capital Formation
Easy
In which year, the Indian Government made education free and compulsory for all children between 6 to 14 years ?
Correct Answer
Option 4
Correct Answer
Q16:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Hard
Arrange the following events related to identifying the poor in India in order of their occurrence : (A) Mahatma Gandhi National Rural Employment Guarantee Act (B) Task force on projections of minimum needs and effective consumption demand (C) Jan-Dhan Yojana (D) Planning commission formed a study group (E) Concept of "Jail cost of living" Choose the correct answer from the options given below :
Correct Answer
Option 1
Correct Answer
Q17:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Hard
Arrange the following events on the basis of their occurrence in India during British rule : (A) Establishment of Tata Airlines (B) Shift to second stage of demographic transition (C) First population census (D) Incorporation of TISCO (E) Opening of Suez canal Choose the correct answer from the options given below :
Correct Answer
Option 2
Correct Answer
Q18:
11 June Shift 3
Macro > Government Budget
Easy
Identify the correct option. Full form of 'ITC' in Indian Tax Context.
Correct Answer
Option 2
Correct Answer
Q19:
11 June Shift 3
Macro > Government Budget
Medium
Which of the following are sources of revenue expenditure by the Government ? (A) Repayment of loans (B) Expenditure on Defence services (C) Central assistance for states (D) Interest payments (E) Lending to commercial banks Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q20:
11 June Shift 3
Macro > Balance of Payments
Easy
The shape of supply curve of foreign exchange is :
Correct Answer
Option 3
Correct Answer
Q21:
11 June Shift 3
Macro > National Income
Easy
__________ refer to the benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalised).
Correct Answer
Option 3
Correct Answer
Q22:
11 June Shift 3
Macro > Money & Banking
Easy
Calculate the total deposits made by commercial banks when the primary deposit is Rs. 20 Crores and cash reserve ratio is 20%. Choose the correct option.
Correct Answer
Option 4
Correct Answer
Q23:
11 June Shift 3
Macro > National Income
Medium
From the following data calculate net domestic product at factor cost. | S.No. | Item | Rs. crore | |-------|------|-----------| | (i) | Depreciation | 20 | | (ii) | Gross National Products at factor cost | 1000 | | (iii) | Net factor income from abroad | 30 | | (iv) | Net indirect taxes | 10 |
Correct Answer
Option 4
Correct Answer
Q24:
11 June Shift 3
Indian Economic Development > Economic Reforms (1991)
Medium
Match List - I with List - II. | List - I | List - II | | :--- | :--- | | (A) Maharatna | (I) Airports Authority of India | | (B) Navratna | (II) Steel Authority of India Limited | | (C) Miniratna | (III) Voice-based business processes | | (D) Outsourcing | (IV) Mahanagar Telephone Nigam Limited | Choose the correct answer from the options given below :
Correct Answer
Option 2
Correct Answer
Q25:
11 June Shift 3
Micro > Introduction
Easy
Identify normative statements from the following : (A) India has a high population (B) India should keep a control on population growth rate (C) High population hampers growth of any country (D) India should have more equitable distribution Choose the correct answer from the options given below :
Correct Answer
Option 2
Correct Answer
Q26:
11 June Shift 3
Micro > Consumer Behaviour
Easy
An explanation for a downward sloping demand curve rests on the notion of :
Correct Answer
Option 3
Correct Answer
Q27:
11 June Shift 3
Macro > Balance of Payments
Easy
When autonomous receipts are less than autonomous payments. The balance of payments is in :
Correct Answer
Option 2
Correct Answer
Q28:
11 June Shift 3
Indian Economic Development > Human Capital Formation
Easy
Identify the option that imply proneness to fall ill.
Correct Answer
Option 3
Correct Answer
Q29:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Medium
Arrange the following events in their ascending order of occurrence : (A) Setting up of Planning Commission (B) The Indian leaders had to decide a suitable economic system for India (C) Introduction of Green Revolution in India (D) Year of Indian Independence (E) First Industrial Policy Resolution of India Choose the correct answer from the options given below :
Correct Answer
Option 4
Correct Answer
Q30:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Easy
Consumption of 2400 calories in rural areas and 2100 calories in urban areas decide to draw the line which is called :
Correct Answer
Option 2
Correct Answer
Q31:
11 June Shift 3
Macro > Balance of Payments
Easy
A __________ account deficit is financed by net capital flows from the rest of the world, thus by a capital account surplus.
Correct Answer
Option 2
Correct Answer
Q32:
11 June Shift 3
Micro > Consumer Behaviour
Easy
A Consumer's total utility level being the same, the amount of good 'X' that the consumer has to forego, in order to get an additional unit of good Y is termed as :
Correct Answer
Option 2
Correct Answer
Q33:
11 June Shift 3
Micro > Consumer Behaviour
Medium
Which of the following statements correctly describes the nature of indifference curve ? (A) Indifference curve slopes downwards from left to right (B) A lower indifference curve represents lower cost to consumer (C) A higher indifference curve gives higher level of satisfaction (D) Two indifference curves never intersect each other (E) Indifference curves are always parallel to each other Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q34:
11 June Shift 3
Indian Economic Development > Sustainable Economic Development
Easy
Ozone depletion refers to the phenomenon of reduction in the amount of ozone is the __________.
Correct Answer
Option 3
Correct Answer
Q35:
11 June Shift 3
Micro > Introduction
Easy
Which of the following is not correct statement ?
Correct Answer
Option 1
Correct Answer
Q36:
11 June Shift 3
Indian Economic Development > Development Experience (1947-90)
Easy
In 1955, Karve Committee noted the possibility of using __________ industries for promoting rural development.
Correct Answer
Option 4
Correct Answer
Q37:
11 June Shift 3
Indian Economic Development > Economic Reforms (1991)
Easy
Demonetisation in India was taken up by the government in :
Correct Answer
Option 4
Correct Answer
Q38:
11 June Shift 3
Micro > Introduction
Easy
Which central problem deals with choice of technology to be used for production ?
Correct Answer
Option 2
Correct Answer
Q39:
11 June Shift 3
Indian Economic Development > Economic Reforms (1991)
Medium
Match List - I with List - II. List - I (Policy tools) | List - II (Characteristics) (A) Disinvestment | (I) Hiring of regular services from External source (B) Out sourcing | (II) Integration of the economy of the country with the world economy (C) Globalisation | (III) To administer all multilateral trade agreements (D) GATT | (IV) Privatisation of the public enterprises by selling off part of public equity sector Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q40:
11 June Shift 3
Macro > Income & Employment
Medium
Find out correct one : (A) MPC is the change in consumption per unit change in income (B) MPS is the saving per unit of income (C) APC is the consumption per unit of income (D) APS is the change in saving per unit change in income Choose the correct answer from the options given below :
Correct Answer
Option 2
Correct Answer
Q41:
11 June Shift 3
Macro > Income & Employment
Easy
When, at a particular price level, aggregate demand for final goods equals aggregate supply of final goods, the final goods or product market reaches its equilibrium. Aggregate demand for final goods consists of ex ante consumption, ex ante investment, Government spending etc. The rate of increase in ex ante consumption due to a unit increment in income is called marginal propensity to consume. For simplicity we assume a constant final goods price and constant rate of interest over short run to determine the level of aggregate demand for final goods in the economy. We also assume that the aggregate supply is perfectly elastic at this price. Under such circumstances, aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount through the multiplier process.
Ex ante consumption implies :
Correct Answer
Option 1
Correct Answer
Q42:
11 June Shift 3
Macro > Income & Employment
Easy
When, at a particular price level, aggregate demand for final goods equals aggregate supply of final goods, the final goods or product market reaches its equilibrium. Aggregate demand for final goods consists of ex ante consumption, ex ante investment, Government spending etc. The rate of increase in ex ante consumption due to a unit increment in income is called marginal propensity to consume. For simplicity we assume a constant final goods price and constant rate of interest over short run to determine the level of aggregate demand for final goods in the economy. We also assume that the aggregate supply is perfectly elastic at this price. Under such circumstances, aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount through the multiplier process.
The shape of investment function when I is autonomous curve is represented through :
Correct Answer
Option 2
Correct Answer
Q43:
11 June Shift 3
Macro > Income & Employment
Easy
When, at a particular price level, aggregate demand for final goods equals aggregate supply of final goods, the final goods or product market reaches its equilibrium. Aggregate demand for final goods consists of ex ante consumption, ex ante investment, Government spending etc. The rate of increase in ex ante consumption due to a unit increment in income is called marginal propensity to consume. For simplicity we assume a constant final goods price and constant rate of interest over short run to determine the level of aggregate demand for final goods in the economy. We also assume that the aggregate supply is perfectly elastic at this price. Under such circumstances, aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount through the multiplier process.
The 'Effective Demand Principle' states that aggregate output is determined solely by :
Correct Answer
Option 3
Correct Answer
Q44:
11 June Shift 3
Macro > Income & Employment
Easy
When, at a particular price level, aggregate demand for final goods equals aggregate supply of final goods, the final goods or product market reaches its equilibrium. Aggregate demand for final goods consists of ex ante consumption, ex ante investment, Government spending etc. The rate of increase in ex ante consumption due to a unit increment in income is called marginal propensity to consume. For simplicity we assume a constant final goods price and constant rate of interest over short run to determine the level of aggregate demand for final goods in the economy. We also assume that the aggregate supply is perfectly elastic at this price. Under such circumstances, aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount through the multiplier process.
Which of the following is not one of the components of aggregate demand in the economy ?
Correct Answer
Option 2
Correct Answer
Q45:
11 June Shift 3
Macro > Income & Employment
Easy
When, at a particular price level, aggregate demand for final goods equals aggregate supply of final goods, the final goods or product market reaches its equilibrium. Aggregate demand for final goods consists of ex ante consumption, ex ante investment, Government spending etc. The rate of increase in ex ante consumption due to a unit increment in income is called marginal propensity to consume. For simplicity we assume a constant final goods price and constant rate of interest over short run to determine the level of aggregate demand for final goods in the economy. We also assume that the aggregate supply is perfectly elastic at this price. Under such circumstances, aggregate output is determined solely by the level of aggregate demand. This is known as effective demand principle. An increase (decrease) in autonomous spending causes aggregate output of final goods to increase (decrease) by a larger amount through the multiplier process.
The value of investment multiplier in an economy is determined by :
Correct Answer
Option 2
Correct Answer
Q46:
11 June Shift 3
Indian Economic Development > Development Experience of India
Medium
Some selected indicators of Human Development, 2016-2017
| Item | India | China | Pakistan |
|------|-------|-------|----------|
| Human Development Index (value) | 0.640 | 0.752 | 0.562 |
| Rank (based on HDI) | 130 | 86 | 150 |
| Life Expectancy at Birth (years) | 68.8 | 76.4 | 66.6 |
| Mean years of Schooling (% aged 15 and above) | 6.4 | 7.8 | 8.6 |
| GDP per capita (PPP US$) | 6,427 | 15,309 | 5,035 |
| People below poverty line (at $3.20 a day PPP) (%) (2011) | 60.4 | 23.5 | 46.4 |
| Infant Mortality Rate (per 1000 live births) | 34.6 | 8.5 | 64.2 |
| Maternal Mortality Rate (per 1 lakh births) | 174 | 27 | 178 |
| Population using Improved Sanitation (%) | 44.2 | 75 | 58.3 |
| Population with sustainable access to improved water source (%) | 94 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 46.4 |
Identify the incorrect statement :
Correct Answer
Option 1
Correct Answer
Q47:
11 June Shift 3
Indian Economic Development > Development Experience of India
Hard
Some selected indicators of Human Development, 2016-2017
| Item | India | China | Pakistan |
|------|-------|-------|----------|
| Human Development Index (value) | 0.640 | 0.752 | 0.562 |
| Rank (based on HDI) | 130 | 86 | 150 |
| Life Expectancy at Birth (years) | 68.8 | 76.4 | 66.6 |
| Mean years of Schooling (% aged 15 and above) | 6.4 | 7.8 | 8.6 |
| GDP per capita (PPP US$) | 6,427 | 15,309 | 5,035 |
| People below poverty line (at $3.20 a day PPP) (%) (2011) | 60.4 | 23.5 | 46.4 |
| Infant Mortality Rate (per 1000 live births) | 34.6 | 8.5 | 64.2 |
| Maternal Mortality Rate (per 1 lakh births) | 174 | 27 | 178 |
| Population using Improved Sanitation (%) | 44.2 | 75 | 58.3 |
| Population with sustainable access to improved water source (%) | 94 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 46.4 |
Which of the following Liberty Indicator has been added as a measure of the Human Development Index ?
Correct Answer
Option 1
Correct Answer
Q48:
11 June Shift 3
Indian Economic Development > Development Experience of India
Medium
Some selected indicators of Human Development, 2016-2017
| Item | India | China | Pakistan |
|------|-------|-------|----------|
| Human Development Index (value) | 0.640 | 0.752 | 0.562 |
| Rank (based on HDI) | 130 | 86 | 150 |
| Life Expectancy at Birth (years) | 68.8 | 76.4 | 66.6 |
| Mean years of Schooling (% aged 15 and above) | 6.4 | 7.8 | 8.6 |
| GDP per capita (PPP US$) | 6,427 | 15,309 | 5,035 |
| People below poverty line (at $3.20 a day PPP) (%) (2011) | 60.4 | 23.5 | 46.4 |
| Infant Mortality Rate (per 1000 live births) | 34.6 | 8.5 | 64.2 |
| Maternal Mortality Rate (per 1 lakh births) | 174 | 27 | 178 |
| Population using Improved Sanitation (%) | 44.2 | 75 | 58.3 |
| Population with sustainable access to improved water source (%) | 94 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 46.4 |
Pakistan has faired better than India on which of the following indices ?
Correct Answer
Option 4
Correct Answer
Q49:
11 June Shift 3
Indian Economic Development > Development Experience of India
Easy
Some selected indicators of Human Development, 2016-2017
| Item | India | China | Pakistan |
|------|-------|-------|----------|
| Human Development Index (value) | 0.640 | 0.752 | 0.562 |
| Rank (based on HDI) | 130 | 86 | 150 |
| Life Expectancy at Birth (years) | 68.8 | 76.4 | 66.6 |
| Mean years of Schooling (% aged 15 and above) | 6.4 | 7.8 | 8.6 |
| GDP per capita (PPP US$) | 6,427 | 15,309 | 5,035 |
| People below poverty line (at $3.20 a day PPP) (%) (2011) | 60.4 | 23.5 | 46.4 |
| Infant Mortality Rate (per 1000 live births) | 34.6 | 8.5 | 64.2 |
| Maternal Mortality Rate (per 1 lakh births) | 174 | 27 | 178 |
| Population using Improved Sanitation (%) | 44.2 | 75 | 58.3 |
| Population with sustainable access to improved water source (%) | 94 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 46.4 |
Which of the following are not included in health indicators ?
Correct Answer
Option 2
Correct Answer
Q50:
11 June Shift 3
Indian Economic Development > Human Capital Formation
Easy
Some selected indicators of Human Development, 2016-2017
| Item | India | China | Pakistan |
|------|-------|-------|----------|
| Human Development Index (value) | 0.640 | 0.752 | 0.562 |
| Rank (based on HDI) | 130 | 86 | 150 |
| Life Expectancy at Birth (years) | 68.8 | 76.4 | 66.6 |
| Mean years of Schooling (% aged 15 and above) | 6.4 | 7.8 | 8.6 |
| GDP per capita (PPP US$) | 6,427 | 15,309 | 5,035 |
| People below poverty line (at $3.20 a day PPP) (%) (2011) | 60.4 | 23.5 | 46.4 |
| Infant Mortality Rate (per 1000 live births) | 34.6 | 8.5 | 64.2 |
| Maternal Mortality Rate (per 1 lakh births) | 174 | 27 | 178 |
| Population using Improved Sanitation (%) | 44.2 | 75 | 58.3 |
| Population with sustainable access to improved water source (%) | 94 | 96 | 91 |
| Percentage of Undernourished Children | 37.9 | 8.1 | 46.4 |
Human Development is the result of investment in which of the following ? (A) Land (B) Infrastructure (C) Health (D) Training (E) Education Choose the correct answer from the options given below :
Correct Answer
Option 4
Correct Answer
CUET Economics 2023 11 June Shift 3 - Past Year Questions
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