CUET Economics 2025 27 May Shift 2 PYQs

Arrange the following steps in calculation of national income, by income method in correct sequence.

(A) Add net factor income from abroad to arrive at national income.

(B) Estimate the factor income paid by each sector.

(C) Identify and classify the income generating units.

(D) Calculating domestic factor income.

Choose the correct answer from the options given below:

Consider the following statement related to investment:

(A) The common notion is that investment is using money to buy physical or financial assets.

(B) From an economist's view, investment is capital formation.

(C) While measuring the final output, the portion which comprises capital goods, is the Gross Investment of an Economy.

(D) The common and economic view regarding investment does not make any difference. It is the same.

Choose the correct answer from the options given below:

1. (A), (B) and (C) only
2. (A), (B) and (D) only
3. (A), (B), (C) and (D)
4. (B), (C) and (D) only

Caculate Net National Product at Market Price (NNP$_{MP}$).

1. Rs. 3000 crores
2. Rs. 3200 crores
3. Rs. 3137 crores
4. Rs. 3237 crores