CUET Economics - An annual allowance for wear and tear of capital goods is defined as? | PYQs + Solutions

CUET Economics 2025 27 May Shift 2

Macro

Easy

Expenditure.

Shortage.

Deduction.

Depreciation.

✅ Correct Option: 4

Related questions:

2 June Shift 1

Identify which of the following statements is incorrect with reference to an economy?

28 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Not pass through any more stages of production or transformations	(I) Capital goods
(B) Consumed when purchased by their ultimate consumers	(II) Intermediate goods
(C) Gradually undergo wear and tear	(III) Final goods
(D) Used by other producers as material inputs	(IV) Consumption goods

Choose the correct answer from the options given below:

14 May Shift 1

Match List-I with List-II

List–I	List–II
(A) Gross Domestic Product at Market Prices (GDPₘₚ)	(I) All the economic output produced by a nation’s normal residents, whether they are located within the national boundary or abroad.
(B) Net Domestic Product at Market Prices (NDPcₘₚ)	(II) Sum of income earned by all factors in the production in the form of wages, profits, rent and interest, etc., belonging to a country during a year.
(C) Gross National Product at Market Prices (GNPₘₚ)	(III) All production done by the national residents or the non-residents in a country gets included, regardless of whether that production is owned by a local company or a foreign entity.
(D) National Income (NI)	(IV) Income earned by the factors in the form of wages, profits, rent, interest, etc., within the domestic territory of a country.

Choose the correct answer from the options given below: |

CUET Economics 2025 27 May Shift 2 PYQs