CUET Economics 2025 28 May Shift 1 PYQs

Filter & Analyse PYQs (Topic-Wise) →

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ECO

Q1:

28 May Shift 1

Macro

Easy

Q1:

Demand Elasticity

Parametric Shift

Ex-ante Investment

Paradox of Thrift

Correct Answer

Option 4

Correct Answer

Explanation →

Q2:

28 May Shift 1

Macro

Easy

Q2:

Repo Rate.

Reverese Repo Rate.

Bank Rate.

Saving Rate.

Correct Answer

Option 3

Correct Answer

Explanation →

Q3:

28 May Shift 1

Macro

Medium

Q3:

Department of Revenue

Central Board of Direct Taxes

Central Statistics Office

Niti Ayog

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

28 May Shift 1

Economics

Easy

Q4:

A combination of goods can be produced but resources are underutilized.

A combination of goods can be produced, and the resources are fully utilized.

A combination of goods can not be produced as it is beyond the capacity of the economy.

A combination of goods can be produced and resources are appropriately utilized.

Correct Answer

Option 3

Correct Answer

Explanation →

Q5:

28 May Shift 1

Macro

Medium

Q5:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q6:

28 May Shift 1

Economics

Easy

Q6:

J. M. Keynes

David Ricardo

Adam Smith

Karl Marx

Correct Answer

Option 3

Correct Answer

Explanation →

Q7:

28 May Shift 1

Macro

Medium

Q7:

Reserves Change

Overall Balance

Errors and Omissions

Other Flows

Correct Answer

Option 3

Correct Answer

Explanation →

Q8:

28 May Shift 1

Micro

Medium

Q8:

Due to the constant market rate of exchange.

Due to the increasing marginal rate of substitution.

Due to the constant marginal rate of substitution.

Due to a diminishing marginal rate of substitution.

Correct Answer

Option 4

Correct Answer

Explanation →

Q9:

28 May Shift 1

Macro

Easy

Q9:

The part of Aggregate Income which belongs to the household.

The part of Aggregate Income which belongs to the Government.

The part of Aggregate Income which belongs to the firm.

The part of Aggregate Income which belongs to the rest of the world.

Correct Answer

Option 1

Correct Answer

Explanation →

Q10:

28 May Shift 1

Micro

Easy

Q10:

By dividing the total product by the number of labor.

By dividing the change in total product by the change in labor.

By dividing the change in total product by the number of labor.

By dividing the total product by the change in labor.

Correct Answer

Option 1

Correct Answer

Explanation →

Q11:

28 May Shift 1

Micro

Medium

Q11:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

28 May Shift 1

Macro

Easy

Q12:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (IV), (C) - (III), (D) - (I)

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q13:

28 May Shift 1

Macro

Medium

Q13:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q14:

28 May Shift 1

Micro

Medium

Q14:

Average variable cost

Average cost

Total variable cost

Total cost

Correct Answer

Option 3

Correct Answer

Explanation →

Q15:

28 May Shift 1

Macro

Medium

Q15:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q16:

28 May Shift 1

Micro

Medium

Q16:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (II), (C) - (IV), (D) - (I)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q17:

28 May Shift 1

Macro

Medium

Q17:

Product method measures the aggregate value of final goods and services produced by all the firms.

Income method measures the sum total of consumption expenditure.

Product method refers to the final consumption expenditure on the goods and services produced by the firm.

Income method refers to the fixed cost of the goods and services produced by the firm.

Correct Answer

Option 1

Correct Answer

Explanation →

Q18:

28 May Shift 1

Micro

Medium

Q18:

The intercept points of both Good-X and Good-Y will shift outward.

The intercept point of Good-X will shift outward and the intercept point of Good-Y will remain unchanged.

The intercept point of Good-X will shift inward and the intercept point of Good-Y will remain unchanged.

The intercept points of both Good-X and Good-Y will shift inward.

Correct Answer

Option 2

Correct Answer

Explanation →

Q19:

28 May Shift 1

Micro

Medium

Q19:

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

28 May Shift 1

Macro

Medium

Q20:

Transaction Motive

Speculative Motive

Demonetisation Motive

Precautionary Motive

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

28 May Shift 1

Micro

Medium

Q21:

(A) and (D) only

(A) and (B) only

(B) and (D) only

(A) and (C) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q22:

28 May Shift 1

Macro

Easy

Q22:

2025, Adam Smith.

1935, John Maynard Keynes.

1936, John Maynard Keynes.

1932, David Ricardo.

Correct Answer

Option 3

Correct Answer

Explanation →

Q23:

28 May Shift 1

Micro

Easy

Q23:

$P_1X_1+P_2X_2 \ge M$ .

$P_1X_1+P_2X_2 < M$ .

$P_1X_1+P_2X_2 > M$ .

$P_1X_1+P_2X_2 \le M$ .

Correct Answer

Option 4

Correct Answer

Explanation →

Q24:

28 May Shift 1

Macro

Easy

Q24:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q25:

28 May Shift 1

Macro

Medium

Q25:

(B), (A), (D), (C).

(D), (A), (C), (B).

(C), (A), (D), (B).

(C), (B), (D), (A).

Correct Answer

Option 4

Correct Answer

Explanation →

Q26:

28 May Shift 1

Macro

Easy

Q26:

Decrease.

Constant.

Increase.

Maybe an increase or maybe decrease.

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

28 May Shift 1

Micro

Medium

Q27:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

28 May Shift 1

Macro

Medium

Q28:

In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.

In order to compare the GDP figures of different countries, real GDP is used.

Flows are defined at a particular point of time.

Stocks are defined over a period of time.

Correct Answer

Option 2

Correct Answer

Explanation →

Q29:

28 May Shift 1

Economics

Easy

Q29:

Adam Smith.

John Maynard Keynes.

Amartya Sen.

Abraham Maslow.

Correct Answer

Option 1

Correct Answer

Explanation →

Q30:

28 May Shift 1

Micro

Medium

Q30:

0.66

0.66

Correct Answer

Option 3

Correct Answer

Explanation →

Q31:

28 May Shift 1

Macro

Medium

Q31:

The reserve bank sells foreign exchange when there is a deficit.

The International Monetary Fund sells foreign exchange when there is a deficit.

Net consequences of autonomous transactions.

The agreement in which national currencies are traded for one another.

Correct Answer

Option 1

Correct Answer

Explanation →

Q32:

28 May Shift 1

Economics

Easy

Q32:

Why are the goods produced?

What to produce?

How are the goods produced?

For whom are the goods produced?

Correct Answer

Option 1

Correct Answer

Explanation →

Q33:

28 May Shift 1

Macro

Medium

Q33:

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

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

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

(A) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q34:

28 May Shift 1

Micro

Medium

Q34:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

28 May Shift 1

Macro

Easy

Q35:

Customer Index Pricing

Consumer Index Pricing

Consumer Price Index

Customer Price Index

Correct Answer

Option 3

Correct Answer

Explanation →

Q36:

28 May Shift 1

Micro

Medium

Q36:

The rising part of the marginal cost curve.

The rising part of the marginal cost curve from and above the minimum average variable cost curve.

The rising part of the marginal cost curve from and above the minimum average cost curve.

The marginal cost curve.

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

28 May Shift 1

Macro

Medium

Q37:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

28 May Shift 1

Macro

Easy

Q38:

Gross Domestic Product at market price less net product taxes.

Market value of all final goods and services produced within a domestic territory of a country measured in a given financial year.

Expenditure to maintain the current GDP level.

Income earned by factors in the form of interest, profit, wages within the domestic territory of a country.

Correct Answer

Option 2

Correct Answer

Explanation →

Q39:

28 May Shift 1

Macro

Medium

Q39:

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q40:

28 May Shift 1

Macro

Medium

Q40:

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

Only (A), (B), (C)

Only (A), (C), (D)

Only (A), (D)

Correct Answer

Option 3

Correct Answer

Explanation →

Q41:

28 May Shift 1

Macro

Medium

Q41:

Exports and Imports of visible items only.

Exports and imports of visible and invisible items and external borrowings.

Exports and imports of goods & services plus transfer payments.

Short Term Debt.

Correct Answer

Option 3

Correct Answer

Explanation →

Q42:

28 May Shift 1

Macro

Medium

Q42:

Within the range of the acceptable inflation rate.

Price rise of basic consumption item is not in control.

Price of items for daily consumption are growing in such a manner that they are manageable through implementing policy tools if need arises.

No price rise has been witnessed.

Correct Answer

Option 1

Correct Answer

Explanation →

Q43:

28 May Shift 1

Macro

Medium

Q43:

(A), (C) and (D) only

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

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

(A) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

28 May Shift 1

Macro

Medium

Q44:

Reserve is sufficient to purchase goods and services from abroad.

Anticipated demand for foreign goods and services can be met through incumbent foreign exchange reserve.

Supply of foreign reserves is more than demand of foreign reserves.

Government is confident about present and future need of foreign reserve.

Correct Answer

Option 2

Correct Answer

Explanation →

Q45:

28 May Shift 1

Macro

Easy

Q45:

Export = Import

Export > Import

Export < Import

Export- (Import + external borrowing) = 0

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

28 May Shift 1

Micro

Easy

Q46:

Both Inverse 'U' Shaped

Both 'U' Shaped

AP 'U' Shaped and MP Inverse 'U' Shaped

MP 'U' Shaped and AP Inverse 'U' shaped

Correct Answer

Option 1

Correct Answer

Explanation →

Q47:

28 May Shift 1

Micro

Medium

Q47:

MP cut AP at Minimum

AP remains Constant

AP Decreases

AP Increases

Correct Answer

Option 4

Correct Answer

Explanation →

Q48:

28 May Shift 1

Micro

Easy

Q48:

13.33

12.5

Correct Answer

Option 3

Correct Answer

Explanation →

Q49:

28 May Shift 1

Micro

Medium

Q49:

Correct Answer

Option 2

Correct Answer

Explanation →

Q50:

28 May Shift 1

Micro

Easy

Q50:

capital

Input.

Final Output.

Intermediate output

Correct Answer

Option 2

Correct Answer

Explanation →

CUET Economics 2025 28 May Shift 1 - Past Year Questions

Practice with our comprehensive collection of CUET Economics 2025 28 May Shift 1 Past Year Questions (PYQs) with detailed solutions. No login required. We have created handwritten solutions for all CUET Economics questions for free!

CUET Economics 2025 28 May Shift 1 PYQs

Filter & Analyse PYQs (Topic-Wise) →

No login required. No pop-ups. We have all previous-year questions with solutions for free!

ECO

Q1:

28 May Shift 1

Macro

Easy

Q1:

Demand Elasticity

Parametric Shift

Ex-ante Investment

Paradox of Thrift

Correct Answer

Option 4

Correct Answer

Explanation →

Q2:

28 May Shift 1

Macro

Easy

Q2:

Repo Rate.

Reverese Repo Rate.

Bank Rate.

Saving Rate.

Correct Answer

Option 3

Correct Answer

Explanation →

Q3:

28 May Shift 1

Macro

Medium

Q3:

Department of Revenue

Central Board of Direct Taxes

Central Statistics Office

Niti Ayog

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

28 May Shift 1

Economics

Easy

Q4:

A combination of goods can be produced but resources are underutilized.

A combination of goods can be produced, and the resources are fully utilized.

A combination of goods can not be produced as it is beyond the capacity of the economy.

A combination of goods can be produced and resources are appropriately utilized.

Correct Answer

Option 3

Correct Answer

Explanation →

Q5:

28 May Shift 1

Macro

Medium

Q5:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q6:

28 May Shift 1

Economics

Easy

Q6:

J. M. Keynes

David Ricardo

Adam Smith

Karl Marx

Correct Answer

Option 3

Correct Answer

Explanation →

Q7:

28 May Shift 1

Macro

Medium

Q7:

Reserves Change

Overall Balance

Errors and Omissions

Other Flows

Correct Answer

Option 3

Correct Answer

Explanation →

Q8:

28 May Shift 1

Micro

Medium

Q8:

Due to the constant market rate of exchange.

Due to the increasing marginal rate of substitution.

Due to the constant marginal rate of substitution.

Due to a diminishing marginal rate of substitution.

Correct Answer

Option 4

Correct Answer

Explanation →

Q9:

28 May Shift 1

Macro

Easy

Q9:

The part of Aggregate Income which belongs to the household.

The part of Aggregate Income which belongs to the Government.

The part of Aggregate Income which belongs to the firm.

The part of Aggregate Income which belongs to the rest of the world.

Correct Answer

Option 1

Correct Answer

Explanation →

Q10:

28 May Shift 1

Micro

Easy

Q10:

By dividing the total product by the number of labor.

By dividing the change in total product by the change in labor.

By dividing the change in total product by the number of labor.

By dividing the total product by the change in labor.

Correct Answer

Option 1

Correct Answer

Explanation →

Q11:

28 May Shift 1

Micro

Medium

Q11:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

28 May Shift 1

Macro

Easy

Q12:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (IV), (C) - (III), (D) - (I)

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q13:

28 May Shift 1

Macro

Medium

Q13:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q14:

28 May Shift 1

Micro

Medium

Q14:

Average variable cost

Average cost

Total variable cost

Total cost

Correct Answer

Option 3

Correct Answer

Explanation →

Q15:

28 May Shift 1

Macro

Medium

Q15:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q16:

28 May Shift 1

Micro

Medium

Q16:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (II), (C) - (IV), (D) - (I)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q17:

28 May Shift 1

Macro

Medium

Q17:

Product method measures the aggregate value of final goods and services produced by all the firms.

Income method measures the sum total of consumption expenditure.

Product method refers to the final consumption expenditure on the goods and services produced by the firm.

Income method refers to the fixed cost of the goods and services produced by the firm.

Correct Answer

Option 1

Correct Answer

Explanation →

Q18:

28 May Shift 1

Micro

Medium

Q18:

The intercept points of both Good-X and Good-Y will shift outward.

The intercept point of Good-X will shift outward and the intercept point of Good-Y will remain unchanged.

The intercept point of Good-X will shift inward and the intercept point of Good-Y will remain unchanged.

The intercept points of both Good-X and Good-Y will shift inward.

Correct Answer

Option 2

Correct Answer

Explanation →

Q19:

28 May Shift 1

Micro

Medium

Q19:

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

28 May Shift 1

Macro

Medium

Q20:

Transaction Motive

Speculative Motive

Demonetisation Motive

Precautionary Motive

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

28 May Shift 1

Micro

Medium

Q21:

(A) and (D) only

(A) and (B) only

(B) and (D) only

(A) and (C) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q22:

28 May Shift 1

Macro

Easy

Q22:

2025, Adam Smith.

1935, John Maynard Keynes.

1936, John Maynard Keynes.

1932, David Ricardo.

Correct Answer

Option 3

Correct Answer

Explanation →

Q23:

28 May Shift 1

Micro

Easy

Q23:

$P_1X_1+P_2X_2 \ge M$ .

$P_1X_1+P_2X_2 < M$ .

$P_1X_1+P_2X_2 > M$ .

$P_1X_1+P_2X_2 \le M$ .

Correct Answer

Option 4

Correct Answer

Explanation →

Q24:

28 May Shift 1

Macro

Easy

Q24:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q25:

28 May Shift 1

Macro

Medium

Q25:

(B), (A), (D), (C).

(D), (A), (C), (B).

(C), (A), (D), (B).

(C), (B), (D), (A).

Correct Answer

Option 4

Correct Answer

Explanation →

Q26:

28 May Shift 1

Macro

Easy

Q26:

Decrease.

Constant.

Increase.

Maybe an increase or maybe decrease.

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

28 May Shift 1

Micro

Medium

Q27:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q28:

28 May Shift 1

Macro

Medium

Q28:

In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.

In order to compare the GDP figures of different countries, real GDP is used.

Flows are defined at a particular point of time.

Stocks are defined over a period of time.

Correct Answer

Option 2

Correct Answer

Explanation →

Q29:

28 May Shift 1

Economics

Easy

Q29:

Adam Smith.

John Maynard Keynes.

Amartya Sen.

Abraham Maslow.

Correct Answer

Option 1

Correct Answer

Explanation →

Q30:

28 May Shift 1

Micro

Medium

Q30:

0.66

0.66

Correct Answer

Option 3

Correct Answer

Explanation →

Q31:

28 May Shift 1

Macro

Medium

Q31:

The reserve bank sells foreign exchange when there is a deficit.

The International Monetary Fund sells foreign exchange when there is a deficit.

Net consequences of autonomous transactions.

The agreement in which national currencies are traded for one another.

Correct Answer

Option 1

Correct Answer

Explanation →

Q32:

28 May Shift 1

Economics

Easy

Q32:

Why are the goods produced?

What to produce?

How are the goods produced?

For whom are the goods produced?

Correct Answer

Option 1

Correct Answer

Explanation →

Q33:

28 May Shift 1

Macro

Medium

Q33:

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

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

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

(A) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q34:

28 May Shift 1

Micro

Medium

Q34:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

28 May Shift 1

Macro

Easy

Q35:

Customer Index Pricing

Consumer Index Pricing

Consumer Price Index

Customer Price Index

Correct Answer

Option 3

Correct Answer

Explanation →

Q36:

28 May Shift 1

Micro

Medium

Q36:

The rising part of the marginal cost curve.

The rising part of the marginal cost curve from and above the minimum average variable cost curve.

The rising part of the marginal cost curve from and above the minimum average cost curve.

The marginal cost curve.

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

28 May Shift 1

Macro

Medium

Q37:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

28 May Shift 1

Macro

Easy

Q38:

Gross Domestic Product at market price less net product taxes.

Market value of all final goods and services produced within a domestic territory of a country measured in a given financial year.

Expenditure to maintain the current GDP level.

Income earned by factors in the form of interest, profit, wages within the domestic territory of a country.

Correct Answer

Option 2

Correct Answer

Explanation →

Q39:

28 May Shift 1

Macro

Medium

Q39:

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q40:

28 May Shift 1

Macro

Medium

Q40:

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

Only (A), (B), (C)

Only (A), (C), (D)

Only (A), (D)

Correct Answer

Option 3

Correct Answer

Explanation →

Q41:

28 May Shift 1

Macro

Medium

Q41:

Exports and Imports of visible items only.

Exports and imports of visible and invisible items and external borrowings.

Exports and imports of goods & services plus transfer payments.

Short Term Debt.

Correct Answer

Option 3

Correct Answer

Explanation →

Q42:

28 May Shift 1

Macro

Medium

Q42:

Within the range of the acceptable inflation rate.

Price rise of basic consumption item is not in control.

Price of items for daily consumption are growing in such a manner that they are manageable through implementing policy tools if need arises.

No price rise has been witnessed.

Correct Answer

Option 1

Correct Answer

Explanation →

Q43:

28 May Shift 1

Macro

Medium

Q43:

(A), (C) and (D) only

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

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

(A) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

28 May Shift 1

Macro

Medium

Q44:

Reserve is sufficient to purchase goods and services from abroad.

Anticipated demand for foreign goods and services can be met through incumbent foreign exchange reserve.

Supply of foreign reserves is more than demand of foreign reserves.

Government is confident about present and future need of foreign reserve.

Correct Answer

Option 2

Correct Answer

Explanation →

Q45:

28 May Shift 1

Macro

Easy

Q45:

Export = Import

Export > Import

Export < Import

Export- (Import + external borrowing) = 0

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

28 May Shift 1

Micro

Easy

Q46:

Both Inverse 'U' Shaped

Both 'U' Shaped

AP 'U' Shaped and MP Inverse 'U' Shaped

MP 'U' Shaped and AP Inverse 'U' shaped

Correct Answer

Option 1

Correct Answer

Explanation →

Q47:

28 May Shift 1

Micro

Medium

Q47:

MP cut AP at Minimum

AP remains Constant

AP Decreases

AP Increases

Correct Answer

Option 4

Correct Answer

Explanation →

Q48:

28 May Shift 1

Micro

Easy

Q48:

13.33

12.5

Correct Answer

Option 3

Correct Answer

Explanation →

Q49:

28 May Shift 1

Micro

Medium

Q49:

Correct Answer

Option 2

Correct Answer

Explanation →

Q50:

28 May Shift 1

Micro

Easy

Q50:

capital

Input.

Final Output.

Intermediate output

Correct Answer

Option 2

Correct Answer

Explanation →