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CUET Economics 2025 PYQs30 May Shift 1. Free, no login required.

Macro

past year questions, CUET Economics 2025 30 May Shift 1

National Income

past year questions, Macro, CUET Economics 2025 30 May Shift 1

Medium

Match List-I with List-II

List-IList-II
(A) Capital consumption(I) Value added
(B) Part of raw material which gets used up(II) Intermediate consumption
(C) A stock variable(III) Depriciation
(D) A flow variable(IV) Inventory

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 3

Option 3: (A) - (III), (B) - (II), (C) - (IV), (D) - (I) -> Let's understand the correct matches: (A) Capital consumption refers to the depreciation of fixed capital assets over time due to wear and tear, obsolescence, or age. (B) Part of raw material which gets used up in production process is intermediate consumption - these are goods and services consumed as inputs. (C) A stock variable is measured at a specific point in time, and inventory (stock of goods) is a classic example of a stock variable. (D) A flow variable is measured over a period of time, and value added (difference between output and intermediate consumption) is measured over a period, making it a flow variable. -> correct

Related questions:

2025: 31 May Shift 1

Which of the following are correct statements regarding Gross Domestic Product (GDP)?

(A) GDP is a measure of the welfare of a country.

(B) Real GDP is measured at current market prices.

(C) Expenditure method estimate =Income Method estimate =Product Method estimate=GDP of a country.

(D) Gross National Product at factor cost = GDPMP_{MP} + Net factor income from abroad.

Choose the correct answer from the options given below:

  1. (A), (B) and (D) only
  2. (A), (B) and (C) only
  3. (A), (B), (C) and (D)
  4. (B), (C) and (D) only

2023: 30 May Shift 1

The Household receive transfer payments from Government and firms (Pension, Scholarship, Prizes, etc.) They are a part of :

2025: 28 May Shift 1

Which of the following is correct regarding National Income Accounting ?

  1. In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.
  2. In order to compare the GDP figures of different countries, real GDP is used.
  3. Flows are defined at a particular point of time.
  4. Stocks are defined over a period of time.

2025: 30 May Shift 1

Which of the following makes GDP an inappropriate index of welfare?

(A) Distribution of GDP.

(B) Externalities.

(C) Non-monetary exchanges.

(D) Price Index.

Choose the correct answer from the options given below:

2026: 6 June Shift 1

The benefits (or harms) a firm or an individual causes to another for which they are not paid (or penalised). What it is called?

2025: 26 May Shift 2

There are 2496 students in a school as on 1st April 2023. During the session, there were 186 new admissions whereas 43 students withdrew from the school. At the end of the session, there were 2539 students in the school, out of whom 1800 were boys and the rest were girls. In this case, which of the following figures represent a flow variable?

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CUET Economics Past Year Questions (Topic-Wise)