CUET Economics 2025 30 May Shift 1 PYQs

Personal Disposable Income is?

1. The part of Aggregate Income which belongs to the household.
2. The part of Aggregate Income which belongs to the Government.
3. The part of Aggregate Income which belongs to the firm.
4. The part of Aggregate Income which belongs to the rest of the world.

The basis of the difference in income and product method of National Income Accounting is best deciphered by which of the following?

1. Product method measures the aggregate value of final goods and services produced by all the firms.
2. Income method measures the sum total of consumption expenditure.
3. Product method refers to the final consumption expenditure on the goods and services produced by the firm.
4. Income method refers to the fixed cost of the goods and services produced by the firm.

What is Consumer Price Index?