AfterBoards Logo
Skip to main contentSkip to solution

CUET Economics 2023 PYQs11 June Shift 3. Free, no login required.

Macro

past year questions, CUET Economics 2023 11 June Shift 3

National Income

past year questions, Macro, CUET Economics 2023 11 June Shift 3

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 :

Solution

✅ Correct Option: 1

GST is an indirect tax, so (A)-(III). Natural wealth of an economy is a stock variable (measured at a point in time), so (B)-(IV). GDP is a flow variable (measured over a period), so (C)-(I). Corporate tax is a direct tax (burden cannot be shifted), so (D)-(II).

Related questions:

2026: 31 May Shift 1

An addition to the stock of physical capital and additional changes in the inventory of a producer is known as?

2026: 21 May Shift 1

Why the services performed by women at home are not included in GDP?

2023: 30 May Shift 1

Net National Product at factor cost (NNP_FC) is defined as :

2023: 30 May Shift 1

The Household receive transfer payments from Government and firms (Pension, Scholarship, Prizes, etc.) They are a part of :

2023: 20 June Shift 1

Calculate the factor income from Abroad from the following.

(Rs in core)
(a)NNP at market price550
(b)Net Indirect taxes30
(c)NVA at factor cost540
(d)Factor income to Abroad50

2023: 28 May Shift 2

Value Added Method of calculating aggregate annual value of goods and services is also called :

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)