CUET Economics 2025 28 May Shift 2 PYQs

A farmer produces cotton in his farm and sells it to the yarn making firm at Rs 2500. The yarn making firm sells this yarn to the cloth mill for Rs 4000, who make cloth from it and this cloth is sold to a readymade garments factory for Rs 6500. The ready made garments factory sells the garments to the retailer for Rs 9000 and makes a profit of Rs 2000.

Assuming that the farmer does not incur any intermediate cost, what will be total value added in the above process?

Which government body is responsible for reporting GDP in India ?

1. Department of Revenue
2. Central Board of Direct Taxes
3. Central Statistics Office
4. Niti Ayog

In graphical representation, how is the aggregate demand function obtained?