CUET Economics 2025 28 May Shift 1 PYQs

Which of the following are used to estimate GDP by expenditure method?

(A) The final consumption expenditure on the goods and services produced by the firm.

(B) The expenditure that the government makes on the final goods and services produced by firm.

(C) Compensation of employees.

(D) The final investment expenditure

Choose the correct answer from the options given below:

Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India.

(A) Gross Domestic Investment.

(B) Private Final Consumption Expenditure.

(C) Government Final Consumption Expenditure.

(D) Net Exports.

Choose the correct answer from the options given below:

Choose the correct statements:

(A) Intermediate goods are used as raw materials or inputs for production of other commodities.

(B) Consumer goods are consumed when purchased by their ultimate consumers.

(C) Intermediate goods crossed production process boundary.

(D) Capital goods have a durable character which are used in the production process.