Q1:
CUET Economics 2023 Slot 6
Indian Economic Development > Economic Reforms (1991)
Easy
Which of the following was not an industrial reform policy introduced in India in and after 1991?
Correct Answer
Option 3
Correct Answer
CUET Economics PYQs
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Q2:
CUET Economics 2023 Slot 6
Indian Economic Development > Rural Development
Easy
How can morbidity be prevented? A. Ensuring safe drinking water B. Taking good education C. Healthy and nutrative food D. By employment generation E. Sanitation Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q3:
CUET Economics 2023 Slot 6
Indian Economic Development > Development Experience (1947-90)
Medium
Arrange the following in sequence in order of their formation. A. Green Revolution B. First Industrial Policy Resolution C. Karve committee D. Planning Commission Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q4:
CUET Economics 2023 Slot 6
Micro > Consumer Behaviour
Medium
Arrange the following of elasticities of demand in increasing order as per geometric method. A. Mid-Point of the demand curve B. Intercept on Y-axis C. Between Mid-Point and intercept on X-axis D. Between Mid-Point and intercept on Y-axis E. Intercept on X-axis Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q5:
CUET Economics 2023 Slot 6
Macro > Money & Banking
Medium
When Central Bank buys securities, this agreement of purchase also has specification about date and price of the resale, it is called:
Correct Answer
Option 2
Correct Answer
Q6:
CUET Economics 2023 Slot 6
Macro > Government Budget
Medium
The Government Budget has a revenue deficit this can be financed by : ___________ . A. Borrowings B. Tax Revenue C. Disinvestment D. Indirect taxes Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q7:
CUET Economics 2023 Slot 6
Macro > Money & Banking
Medium
When Central Bank buys securities without any promise to sell them later, it is known as?
Correct Answer
Option 2
Correct Answer
Q8:
CUET Economics 2023 Slot 6
Macro > Government Budget
Medium
Match List I with List II | LIST I | LIST II | | --- | --- | | A. Revenue Receipt | I. Increase in Liability | | B. Capital Receipt | II. Do not increase in Asset | | C. Revenue Expenditure | III. Increase in Asset | | D. Capital Expenditure | IV. Do not increase Liability | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q9:
CUET Economics 2023 Slot 6
Macro > Balance of Payments
Medium
Match List I with List II | LIST I | LIST II | | --- | --- | | A. Accommodating items | I. International purchases | | B. Capital Account | II. Central Bank | | C. Balance of trade | III. Below the line items | | D. Dirty Floating | IV. Visible items | Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q10:
CUET Economics 2023 Slot 6
Indian Economic Development > Development Experience (1947-90)
Medium
Arrange the following events relating to India in the correct time line sequence. A. First 'Industrial Policy Resolution' B. "Modern Bread", a bread manufacturing firm sold to private sector C. First phase of green revolution D. Setting up of planning commission Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q11:
CUET Economics 2023 Slot 6
Indian Economic Development > Employment
Medium
Match List I with List II | LIST I | LIST II | | --- | --- | | A. Pradhan Mantri Jan-Dhan Yojana | I. Elderly people given pension by Central Government | | B. Swarna Jayanti Shahari Rozgar Yojana | II. Self-Employment opportunities in urban areas. | | C. National Social Assistance Programme | III. Urban poor | | D. National Urban Livelihood Mission | IV. Encouraged to open Bank Account | Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q12:
CUET Economics 2023 Slot 6
Indian Economic Development > Development Experience (1947-90)
Medium
Arrange the following in sequence in the events of happening. A. First census in India B. The Tata Iron steel company C. The opening of Suez canal D. Railways in India Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q13:
CUET Economics 2023 Slot 6
Micro > Introduction
Easy
Which of the main factor is responsible to create economic problems in society?
Correct Answer
Option 3
Correct Answer
Q14:
CUET Economics 2023 Slot 6
Macro > National Income
Hard
Calculate operating surplus from the following. | | | (Rs in Cr) | | --- | --- | --- | | a | Rent & Interest | 50 | | b | Bonus | 80 | | c | Profit After Tax | 30 | | d | Tax rate | 40% | Choose the correct option.
Correct Answer
Option 4
Correct Answer
Q15:
CUET Economics 2023 Slot 6
Macro > Money & Banking
Easy
Given a Cash Reserve Ratio (CRR) being 20%, the value of the money multiplier will be_______.
Correct Answer
Option 4
Correct Answer
Q16:
CUET Economics 2023 Slot 6
Macro > Government Budget
Easy
Choose the correct example of Revenue Expenditure.
Correct Answer
Option 3
Correct Answer
Q17:
CUET Economics 2023 Slot 6
Macro > Money & Banking
Medium
Arrange the sequence of events in the correct order relating to a quantitative tool used by the central bank during the times of inflation. A. Hence the money supply in the economy decreases B. As a result, loans taken by commercial banks become more expensive C. The central bank increases the bank rate D. This reduces the reserves held by the commercial banks Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q18:
CUET Economics 2023 Slot 6
Macro > National Income
Medium
Match List I with List II | LIST I | LIST II | | --- | --- | | A. Stocks | I. Expected constant loss in value of a capital | | B. Flows | II. Unexpected destruction of capital | | C. Depreciation | III. Have time dimension | | D. Capital loss | IV. Do not have any time dimension | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q19:
CUET Economics 2023 Slot 6
Indian Economic Development > Development Experience of India
Hard
Arrange the following events in a sequence of its happening. A. Reforms in Pakistan B. Great Proletarian Cultural Revolution C. Commune system D. Pakistan's First Five year plan E. China's Twelfth Five Year Plan Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q20:
CUET Economics 2023 Slot 6
Indian Economic Development > Employment
Easy
Formal sector establishment are those establishment that employs ?
Correct Answer
Option 3
Correct Answer
Q21:
CUET Economics 2023 Slot 6
Indian Economic Development > Employment
Medium
Which of the following are operating in the informal sector of the country? A. Cycle-rickshaw puller B. Civil engineer in a government construction enterprises C. Cook in a hostel which employs nine hired workers D. Private school teacher in a school which has eleven hired teachers. E. Farmer cultivating his plot of land Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q22:
CUET Economics 2023 Slot 6
Micro > Introduction
Easy
Which of the following is not a central problem of an economy?
Correct Answer
Option 3
Correct Answer
Q23:
CUET Economics 2023 Slot 6
Macro > National Income
Hard
Calculate the factor income from Abroad from the following. | | | (Rs in core) | | --- | --- | --- | | (a) | NNP at market price | 550 | | (b) | Net Indirect taxes | 30 | | (c) | NVA at factor cost | 540 | | (d) | Factor income to Abroad | 50 |
Correct Answer
Option 3
Correct Answer
Q24:
CUET Economics 2023 Slot 6
Macro > Money & Banking
Medium
A fall in Bank rate can increase the ________ .
Correct Answer
Option 1
Correct Answer
Q25:
CUET Economics 2023 Slot 6
Macro > National Income
Medium
Identify the correct formula of calculating of domestic income by Expenditure Method.
Correct Answer
Option 3
Correct Answer
Q26:
CUET Economics 2023 Slot 6
Macro > Money & Banking
Medium
Which of the following is not true about a commercial Bank?
Correct Answer
Option 3
Correct Answer
Q27:
CUET Economics 2023 Slot 6
Macro > Balance of Payments
Easy
Flexible exchange rate is determined by:
Correct Answer
Option 3
Correct Answer
Q28:
CUET Economics 2023 Slot 6
Indian Economic Development > Development Experience (1947-90)
Easy
Match List I with List II | LIST I | LIST II | | --- | --- | | A. Self-reliance | I. Increase in Production | | B. Modernisation | II. Avoiding imports | | C. Growth | III. Benefits to rich and poor | | D. Equity | IV. Adopting new technology | Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q29:
CUET Economics 2023 Slot 6
Indian Economic Development > Employment
Easy
Those group who regularly moves in and out of poverty are known as_______.
Correct Answer
Option 1
Correct Answer
Q30:
CUET Economics 2023 Slot 6
Macro > Balance of Payments
Easy
Full form of IBRD
Correct Answer
Option 4
Correct Answer
Q31:
CUET Economics 2023 Slot 6
Micro > Introduction
Easy
Which of the following is studied under micro economics?
Correct Answer
Option 3
Correct Answer
Q32:
CUET Economics 2023 Slot 6
Macro > National Income
Hard
Calculate compensation of employees from the following items: | Items | Rs in Crores | | --- | --- | | Profit after tax | 20 | | Interest | 45 | | $GDP_{MP}$ | 200 | | Goods and service tax | 10 | | Depreciation | 50 | | Rent | 25 | | Corporate tax | 5 | Choose the correct option.
Correct Answer
Option 1
Correct Answer
Q33:
CUET Economics 2023 Slot 6
Micro > Introduction
Easy
Which statement is not related to Normative Economics?
Correct Answer
Option 4
Correct Answer
Q34:
CUET Economics 2023 Slot 6
Macro > Government Budget
Medium
Which of the following are to be considered while Measuring Fiscal Deficit? A. Capital expenditure B. Revenue receipts C. Debt creating receipts D. Revenue expenditure E. Deficit on current A/c Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q35:
CUET Economics 2023 Slot 6
Macro > Government Budget
Medium
Which of the following is not true about Public goods?
Correct Answer
Option 4
Correct Answer
Q36:
CUET Economics 2023 Slot 6
Macro > Balance of Payments
Easy
Exchange Rate is the price of a currency expressed in terms of.
Correct Answer
Option 2
Correct Answer
Q37:
CUET Economics 2023 Slot 6
Macro > Balance of Payments
Easy
The International Bank for Reconstruction and Development (IBRD) is popularly known as_______.
Correct Answer
Option 3
Correct Answer
Q38:
CUET Economics 2023 Slot 6
Indian Economic Development > Human Capital Formation
Medium
"Human Resource Development was necessarily to be assigned a key role in any development strategy, particularly in a country with a large population" which of the following five year plane states?
Correct Answer
Option 3
Correct Answer
Q39:
CUET Economics 2023 Slot 6
Indian Economic Development > Economic Reforms (1991)
Easy
Full form of FII.
Correct Answer
Option 4
Correct Answer
Q40:
CUET Economics 2023 Slot 6
Indian Economic Development > Human Capital Formation
Medium
Which of the following statements relate to physical capital? A. It is intangible B. It is tangible C. It creates only private benefit D. Owner of physical capital needs to be present at the place where it is used E. It can easily be sold in the market Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q41:
CUET Economics 2023 Slot 6
Micro > Consumer Behaviour
Easy
The quantity of a good that the consumer chooses can increase or decrease with the rise in the price of a related goods depending on whether the two goods are substitutes or complementary to each other. Goods which are consumed together are called complementary goods. Examples of goods which are complement to each other include tea and sugar, shoes and socks, pen and ink, etc. Since tea and sugar are used together, an increase in the price of sugar is likely to decrease the demand for tea and decrease in the price of sugar is likely to increase the demand for tea. Similar is the case with other complements. In general, the demand for a good moves in the opposite direction of the price of its complementary goods.
The goods which can be used in place of each other are called ?
Correct Answer
Option 3
Correct Answer
Q42:
CUET Economics 2023 Slot 6
Micro > Consumer Behaviour
Easy
The quantity of a good that the consumer chooses can increase or decrease with the rise in the price of a related goods depending on whether the two goods are substitutes or complementary to each other. Goods which are consumed together are called complementary goods. Examples of goods which are complement to each other include tea and sugar, shoes and socks, pen and ink, etc. Since tea and sugar are used together, an increase in the price of sugar is likely to decrease the demand for tea and decrease in the price of sugar is likely to increase the demand for tea. Similar is the case with other complements. In general, the demand for a good moves in the opposite direction of the price of its complementary goods.
The demand for a good moves in opposite direction if change in the price of its __________ :
Correct Answer
Option 1
Correct Answer
Q43:
CUET Economics 2023 Slot 6
Micro > Consumer Behaviour
Easy
The quantity of a good that the consumer chooses can increase or decrease with the rise in the price of a related goods depending on whether the two goods are substitutes or complementary to each other. Goods which are consumed together are called complementary goods. Examples of goods which are complement to each other include tea and sugar, shoes and socks, pen and ink, etc. Since tea and sugar are used together, an increase in the price of sugar is likely to decrease the demand for tea and decrease in the price of sugar is likely to increase the demand for tea. Similar is the case with other complements. In general, the demand for a good moves in the opposite direction of the price of its complementary goods.
If the price of coffee increases then consumption of tea also increases it implies that tea and coffee are __________ .
Correct Answer
Option 1
Correct Answer
Q44:
CUET Economics 2023 Slot 6
Micro > Consumer Behaviour
Easy
The quantity of a good that the consumer chooses can increase or decrease with the rise in the price of a related goods depending on whether the two goods are substitutes or complementary to each other. Goods which are consumed together are called complementary goods. Examples of goods which are complement to each other include tea and sugar, shoes and socks, pen and ink, etc. Since tea and sugar are used together, an increase in the price of sugar is likely to decrease the demand for tea and decrease in the price of sugar is likely to increase the demand for tea. Similar is the case with other complements. In general, the demand for a good moves in the opposite direction of the price of its complementary goods.
Car and petrol are the example of _________ goods .
Correct Answer
Option 4
Correct Answer
Q45:
CUET Economics 2023 Slot 6
Micro > Consumer Behaviour
Easy
The quantity of a good that the consumer chooses can increase or decrease with the rise in the price of a related goods depending on whether the two goods are substitutes or complementary to each other. Goods which are consumed together are called complementary goods. Examples of goods which are complement to each other include tea and sugar, shoes and socks, pen and ink, etc. Since tea and sugar are used together, an increase in the price of sugar is likely to decrease the demand for tea and decrease in the price of sugar is likely to increase the demand for tea. Similar is the case with other complements. In general, the demand for a good moves in the opposite direction of the price of its complementary goods.
Those goods which can be used together are called _______ goods .
Correct Answer
Option 2
Correct Answer
Q46:
CUET Economics 2023 Slot 6
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 in market reaches its equilibrium. Aggregate demand for final goods consist of ex-ante consumption, ex-ante investment, government spending etc. The rate of increase in ex-ante consumption due to a unit increase in income is called marginal propensity to consume.
Equilibrium in product market achieved when.
Correct Answer
Option 1
Correct Answer
Q47:
CUET Economics 2023 Slot 6
Macro > National Income
Easy
When at a particular price level, aggregate demand for final goods equals aggregate supply of final goods, the final goods or product in market reaches its equilibrium. Aggregate demand for final goods consist of ex-ante consumption, ex-ante investment, government spending etc. The rate of increase in ex-ante consumption due to a unit increase in income is called marginal propensity to consume.
Final goods are those goods.
Correct Answer
Option 4
Correct Answer
Q48:
CUET Economics 2023 Slot 6
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 in market reaches its equilibrium. Aggregate demand for final goods consist of ex-ante consumption, ex-ante investment, government spending etc. The rate of increase in ex-ante consumption due to a unit increase in income is called marginal propensity to consume.
Aggregate demand for final goods doesn't include.
Correct Answer
Option 2
Correct Answer
Q49:
CUET Economics 2023 Slot 6
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 in market reaches its equilibrium. Aggregate demand for final goods consist of ex-ante consumption, ex-ante investment, government spending etc. The rate of increase in ex-ante consumption due to a unit increase in income is called marginal propensity to consume.
MPC stands for.
Correct Answer
Option 2
Correct Answer
Q50:
CUET Economics 2023 Slot 6
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 in market reaches its equilibrium. Aggregate demand for final goods consist of ex-ante consumption, ex-ante investment, government spending etc. The rate of increase in ex-ante consumption due to a unit increase in income is called marginal propensity to consume.
The sum total of MPC and MPS is always equal to:
Correct Answer
Option 3
Correct Answer
CUET Economics - Past Year Questions
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