CUET Economics 2025 29 May Shift 1 PYQs

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: |

Match List - I with List - II.

List - I | List - II

(A) Income Method | (I) Calculated at current prices

(B) Expenditure Method | (II) Calculated at constant prices

(C) Real GDP | (III) Aggregate of final expenditures

(D) Nominal GDP | (IV) Aggregate of factor incomes

Choose the correct answer from the options given below :

Calculate the factor income from Abroad from the following.

		(Rs in core)
(a)	NNP at market price	550
(b)	Net Indirect taxes	30
(c)	NVA at factor cost	540
(d)	Factor income to Abroad	50