CUET Economics - It may be incorrect to treat GDP as an index of the welfare of the country for the following reasons. (A) Externalities. (B) Distribution of GDP is not uniform. (C) Monetary exchanges. (D) Non-monetary exchanges. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Medium

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

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

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

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

✅ Correct Option: 1

Related questions:

28 May Shift 1

This is the index of prices of a given basket of commodities which are bought by the representative customer. Two years under consideration are kept – one is the base year, the other is the current year. First, the cost of purchase of a given basket of commodities in the base year is calculated. Then the cost of purchase of the same basket in the current year is calculated. Then we express the latter as a percentage of the former.

This index is called :

Customer Index Pricing
Consumer Index Pricing
Consumer Price Index
Customer Price Index

16 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Expenditure method	(I) Invetory investment
(B) Income method	(II) GDP in the phase of disposition
(C) Value added method	(III) GDP in the phase of distribution
(D) Value of output - sales	(IV) GDP in the phase of production

Choose the correct answer from the options given below:

21 May Shift 1

If the National income of a country is ₹4000 million, the consumption of fixed capital is ₹200 million, Gross national product at market price is ₹5000 million and subsidies are ₹100 million, what will be the amount of Indirect taxes?

CUET Economics 2025 29 May Shift 2 PYQs

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