CUET Economics 2025 27 May Shift 2 - Which are the following statements are true: (A) Open Market Operations refers to buying and selling of bonds issued by the Government in the open market. (B) Currency notes and coins are called fiat money. (C) M2 and M4 are known as broad money. (D) M1 and M2 are known as narrow money. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Macro

Medium

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

✅ Correct Option: 1

Related questions:

16 May Shift 1

Currency of which denomination were newly launched during demonetization?

Rs 500 and Rs 1000
Rs 500 and Rs 100
Rs 200 and Rs 1000
Rs 500 and Rs 2000

3 June Shift 1

Kavish went to the supermarket with ₹5000 in his wallet to buy groceries for his family. He purchased vegetables, fruits and other household items, paying the respective prices at the counter. Which functions of money were being demonstrated in this real life scenario?

(A) Unit of Labour.

(B) Store of Value.

(D) Measure of Creditworthiness.

Choose the correct answer from the options given below:

29 May Shift 1

Suppose a bank has an initial deposit of ₹200. The required cash reserve ratio is 20%. Then what will be the total money supply in an economy?

CUET Economics 2025 27 May Shift 2 PYQs

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