CUET Economics 2025 30 May Shift 2 PYQs

Filter & Analyse PYQs (Topic-Wise) →

No login required. No pop-ups. We have all previous-year questions with solutions for free!

ECO

Q1:

30 May Shift 2

Micro

Medium

Q1:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q2:

30 May Shift 2

Micro

Medium

Q2:

e_p > -1

e_p < -1

e_p = -1

e_p = 0

Correct Answer

Option 2

Correct Answer

Explanation →

Q3:

30 May Shift 2

Macro

Medium

Q3:

250

100

150

300

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

30 May Shift 2

Micro

Medium

Q4:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

30 May Shift 2

Micro

Medium

Q5:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

30 May Shift 2

Micro

Medium

Q6:

$f(tx, ty) > t f(x, y)$ .

$f(tx, ty) < t f(x, y)$ .

$f(tx, ty) = t f(x, y)$ .

$x^α y^β$ .

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

30 May Shift 2

Macro

Medium

Q7:

M3 is known as Aggregate Monetary Resources.

M3 is the most commonly used measure of money supply.

M3 = M4 - Total deposits with Post Office savings organizations (excluding National Savings Certificates).

M3 = M1 + Saving deposits with a post office savings bank.

Correct Answer

Option 4

Correct Answer

Explanation →

Q8:

30 May Shift 2

Macro

Medium

Q8:

(B) and (C) only

(A), (B) and (C) only

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q9:

30 May Shift 2

Macro

Medium

Q9:

Deficient Saving.

Paradox of Thrift.

Excess Demand.

Excess Investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q10:

30 May Shift 2

Micro

Easy

Q10:

Downward

Upward

Vertical

Horizontal

Correct Answer

Option 1

Correct Answer

Explanation →

Q11:

30 May Shift 2

Micro

Medium

Q11:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q12:

30 May Shift 2

Macro

Medium

Q12:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 1

Correct Answer

Explanation →

Q13:

30 May Shift 2

Macro

Medium

Q13:

Autonomous investment.

Investment multiplier.

Ex-ante investment.

GDP multiplier.

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

30 May Shift 2

Macro

Medium

Q14:

Unsold finished, or semifinished goods which a firm carries to the next year.

Inventory may have a higher value at the end of the year.

The change of inventories of a firm during a year = production – Sale

It is a flow variable.

Correct Answer

Option 4

Correct Answer

Explanation →

Q15:

30 May Shift 2

Macro

Medium

Q15:

(A) - (II), (B) - (I), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

Correct Answer

Option 3

Correct Answer

Explanation →

Q16:

30 May Shift 2

Macro

Medium

Q16:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q17:

30 May Shift 2

Macro

Medium

Q17:

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

(A), (B) and (C) only

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

30 May Shift 2

Micro

Medium

Q18:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q19:

30 May Shift 2

Macro

Medium

Q19:

directly borrowed from the public through debt instruments.

Borrowing from Federal body of banking system.

Gross fiscal deficit.

Borrowing from abroad through debt instruments.

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

30 May Shift 2

Micro

Easy

Q20:

Production Possibility Frontier.

Production Possibility Set.

Isoquant Curve.

Production Function.

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

30 May Shift 2

Macro

Medium

Q21:

Fixed Exchange Rate.

Flexible Exchange Rate.

Managed Floating Exchange Rate.

Speculation.

Correct Answer

Option 3

Correct Answer

Explanation →

Q22:

30 May Shift 2

Micro

Medium

Q22:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q23:

30 May Shift 2

Micro

Medium

Q23:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

30 May Shift 2

Macro

Easy

Q24:

Rs 2.073 Cr

Rs 2.73 Cr

Rs 12.73 Cr

Rs 2.730 Cr

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

30 May Shift 2

Macro

Medium

Q25:

Opening up of 11 Central University in next 5 years worth of 20,000 cr from annual budget 2024-25, BSNL.

Airtel, BSNL.

AIIMS, Coal India Limited.

5 lacs brick homes to people from 'Below Poverty Line' strata, Loan of up to 10 lac to women entrepreneurs.

Correct Answer

Option 1

Correct Answer

Explanation →

Q26:

30 May Shift 2

Micro

Medium

Q26:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

30 May Shift 2

Macro

Medium

Q27:

Medium Term Fiscal Policy Statement, Fiscal Policy Strategy Management, and The Macroeconomic Framework Statement.

Medium Term Fiscal Policy Statement, Quarterly Macroeconomic Policy, and Microeconomic Accounting standard.

Fiscal Policy Review Report , Fiscal Policy Recommended Report, Field Survey on Macroeconomic Benchmarks.

Annual Stock Performance Data, Field Surveys on Unemployment Report, Citizen Feedback on Economy Data.

Correct Answer

Option 1

Correct Answer

Explanation →

Q28:

30 May Shift 2

Micro

Medium

Q28:

Super Normal Profit.

Opportunity cost.

Break Even Point.

Shut Down Point.

Correct Answer

Option 3

Correct Answer

Explanation →

Q29:

30 May Shift 2

Macro

Easy

Q29:

Restricting money supply in the economy by the government.

Restricting new currency and coin printing by the government.

Declaring any existing hard currency or coins as no longer a legal tender for some time.

Declaring all or few existing hard currency or coins as no longer a legal tender forever.

Correct Answer

Option 4

Correct Answer

Explanation →

Q30:

30 May Shift 2

Macro

Easy

Q30:

1.405

1.046

1.45

1.46

Correct Answer

Option 4

Correct Answer

Explanation →

Q31:

30 May Shift 2

Macro

Medium

Q31:

$ΔTR$

$c ΔTR$

$\frac{Δy}{ΔTR}$

$1 - c ΔTR$

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

30 May Shift 2

Micro

Medium

Q32:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

30 May Shift 2

Macro

Medium

Q33:

Consider for how long the resources are held.

Consider how these resources are used in generating a continuous flow of income and wealth.

Consider whether the possession of resources is increasing with the passage of time or not.

Consider whether the resources fulfill the need for next 10 years or not.

Correct Answer

Option 2

Correct Answer

Explanation →

Q34:

30 May Shift 2

Macro

Medium

Q34:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q35:

30 May Shift 2

Macro

Easy

Q35:

Transfer Payments.

Net Factor Income.

Trade in Goods.

Net Non-factor Income.

Correct Answer

Option 1

Correct Answer

Explanation →

Q36:

30 May Shift 2

Economics

Easy

Q36:

Macro Economics.

Micro Economics.

Positive Economics.

Normative Economics.

Correct Answer

Option 1

Correct Answer

Explanation →

Q37:

30 May Shift 2

Macro

Medium

Q37:

Output Market.

Money Market.

Financial Market.

Labour Market.

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

30 May Shift 2

Macro

Easy

Q38:

1932

1933

1934

1935

Correct Answer

Option 4

Correct Answer

Explanation →

Q39:

30 May Shift 2

Macro

Medium

Q39:

104th Constitutional Ammendment and Introduction of Article 26A.

101 Constitutional Amendment and Introduction of Article 246A.

101st Constitutional Amendment and Introduction of Article 26A.

104th Constitutional Ammendment and Introduction of Article 24A.

Correct Answer

Option 2

Correct Answer

Explanation →

Q40:

30 May Shift 2

Economics

Medium

Q40:

Professor at University of Glasgow

'The Economic Consequences of the Peace' written in 1919.

'An Enquiry into the Nature and Cause of the Wealth of Nations' Published in 1776

Founder of political economy

Correct Answer

Option 2

Correct Answer

Explanation →

Q41:

30 May Shift 2

Micro

Medium

Q41:

TC/q

(TC at q₁ units) – (TC at q₁ – 1 units)

TVC/q

TFC/q

Correct Answer

Option 2

Correct Answer

Explanation →

Q42:

30 May Shift 2

Micro

Medium

Q42:

Rising

Falling

Constant

Equal to output

Correct Answer

Option 1

Correct Answer

Explanation →

Q43:

30 May Shift 2

Micro

Medium

Q43:

LRAC cut LRMC from above at the minimum point LRAC.

LRAC cut LRMC from below at the minimum point LRAC.

LRMC cut LRAC from above at the minimum point LRAC.

LRMC cut LRAC from below at the minimum point of LRAC.

Correct Answer

Option 4

Correct Answer

Explanation →

Q44:

30 May Shift 2

Micro

Medium

Q44:

Equal to average cost.

Less than the average cost.

Greater than the average cost.

Falling.

Correct Answer

Option 3

Correct Answer

Explanation →

Q45:

30 May Shift 2

Micro

Medium

Q45:

Only LRAC is U shaped.

LRAC is U shaped and LRMC upward sloping.

Rectangular hyperbole.

U shaped.

Correct Answer

Option 4

Correct Answer

Explanation →

Q46:

30 May Shift 2

Macro

Medium

Q46:

Change in Consumption.

Change in Investment.

Constant Price and Interest rate.

Multiplier Mechanism.

Correct Answer

Option 4

Correct Answer

Explanation →

Q47:

30 May Shift 2

Macro

Easy

Q47:

Effective investment.

Effective consumtiopn.

Effective demand.

Effective supply.

Correct Answer

Option 3

Correct Answer

Explanation →

Q48:

30 May Shift 2

Macro

Medium

Q48:

250

300

350

400

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

30 May Shift 2

Macro

Easy

Q49:

Excess demand.

Deficient demand.

Excess output.

Deficient output.

Correct Answer

Option 1

Correct Answer

Explanation →

Q50:

30 May Shift 2

Macro

Medium

Q50:

Fixed price level.

Aggregate supply.

Fixed autonomous spending.

Aggregate demand.

Correct Answer

Option 3

Correct Answer

Explanation →

CUET Economics 2025 30 May Shift 2 - Past Year Questions

Practice with our comprehensive collection of CUET Economics 2025 30 May Shift 2 Past Year Questions (PYQs) with detailed solutions. No login required. We have created handwritten solutions for all CUET Economics questions for free!

CUET Economics 2025 30 May Shift 2 PYQs

Filter & Analyse PYQs (Topic-Wise) →

No login required. No pop-ups. We have all previous-year questions with solutions for free!

ECO

Q1:

30 May Shift 2

Micro

Medium

Q1:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q2:

30 May Shift 2

Micro

Medium

Q2:

e_p > -1

e_p < -1

e_p = -1

e_p = 0

Correct Answer

Option 2

Correct Answer

Explanation →

Q3:

30 May Shift 2

Macro

Medium

Q3:

250

100

150

300

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

30 May Shift 2

Micro

Medium

Q4:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

30 May Shift 2

Micro

Medium

Q5:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

30 May Shift 2

Micro

Medium

Q6:

$f(tx, ty) > t f(x, y)$ .

$f(tx, ty) < t f(x, y)$ .

$f(tx, ty) = t f(x, y)$ .

$x^α y^β$ .

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

30 May Shift 2

Macro

Medium

Q7:

M3 is known as Aggregate Monetary Resources.

M3 is the most commonly used measure of money supply.

M3 = M4 - Total deposits with Post Office savings organizations (excluding National Savings Certificates).

M3 = M1 + Saving deposits with a post office savings bank.

Correct Answer

Option 4

Correct Answer

Explanation →

Q8:

30 May Shift 2

Macro

Medium

Q8:

(B) and (C) only

(A), (B) and (C) only

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q9:

30 May Shift 2

Macro

Medium

Q9:

Deficient Saving.

Paradox of Thrift.

Excess Demand.

Excess Investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q10:

30 May Shift 2

Micro

Easy

Q10:

Downward

Upward

Vertical

Horizontal

Correct Answer

Option 1

Correct Answer

Explanation →

Q11:

30 May Shift 2

Micro

Medium

Q11:

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

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q12:

30 May Shift 2

Macro

Medium

Q12:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 1

Correct Answer

Explanation →

Q13:

30 May Shift 2

Macro

Medium

Q13:

Autonomous investment.

Investment multiplier.

Ex-ante investment.

GDP multiplier.

Correct Answer

Option 2

Correct Answer

Explanation →

Q14:

30 May Shift 2

Macro

Medium

Q14:

Unsold finished, or semifinished goods which a firm carries to the next year.

Inventory may have a higher value at the end of the year.

The change of inventories of a firm during a year = production – Sale

It is a flow variable.

Correct Answer

Option 4

Correct Answer

Explanation →

Q15:

30 May Shift 2

Macro

Medium

Q15:

(A) - (II), (B) - (I), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

Correct Answer

Option 3

Correct Answer

Explanation →

Q16:

30 May Shift 2

Macro

Medium

Q16:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q17:

30 May Shift 2

Macro

Medium

Q17:

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

(A), (B) and (C) only

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q18:

30 May Shift 2

Micro

Medium

Q18:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q19:

30 May Shift 2

Macro

Medium

Q19:

directly borrowed from the public through debt instruments.

Borrowing from Federal body of banking system.

Gross fiscal deficit.

Borrowing from abroad through debt instruments.

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

30 May Shift 2

Micro

Easy

Q20:

Production Possibility Frontier.

Production Possibility Set.

Isoquant Curve.

Production Function.

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

30 May Shift 2

Macro

Medium

Q21:

Fixed Exchange Rate.

Flexible Exchange Rate.

Managed Floating Exchange Rate.

Speculation.

Correct Answer

Option 3

Correct Answer

Explanation →

Q22:

30 May Shift 2

Micro

Medium

Q22:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q23:

30 May Shift 2

Micro

Medium

Q23:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

30 May Shift 2

Macro

Easy

Q24:

Rs 2.073 Cr

Rs 2.73 Cr

Rs 12.73 Cr

Rs 2.730 Cr

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

30 May Shift 2

Macro

Medium

Q25:

Opening up of 11 Central University in next 5 years worth of 20,000 cr from annual budget 2024-25, BSNL.

Airtel, BSNL.

AIIMS, Coal India Limited.

5 lacs brick homes to people from 'Below Poverty Line' strata, Loan of up to 10 lac to women entrepreneurs.

Correct Answer

Option 1

Correct Answer

Explanation →

Q26:

30 May Shift 2

Micro

Medium

Q26:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q27:

30 May Shift 2

Macro

Medium

Q27:

Medium Term Fiscal Policy Statement, Fiscal Policy Strategy Management, and The Macroeconomic Framework Statement.

Medium Term Fiscal Policy Statement, Quarterly Macroeconomic Policy, and Microeconomic Accounting standard.

Fiscal Policy Review Report , Fiscal Policy Recommended Report, Field Survey on Macroeconomic Benchmarks.

Annual Stock Performance Data, Field Surveys on Unemployment Report, Citizen Feedback on Economy Data.

Correct Answer

Option 1

Correct Answer

Explanation →

Q28:

30 May Shift 2

Micro

Medium

Q28:

Super Normal Profit.

Opportunity cost.

Break Even Point.

Shut Down Point.

Correct Answer

Option 3

Correct Answer

Explanation →

Q29:

30 May Shift 2

Macro

Easy

Q29:

Restricting money supply in the economy by the government.

Restricting new currency and coin printing by the government.

Declaring any existing hard currency or coins as no longer a legal tender for some time.

Declaring all or few existing hard currency or coins as no longer a legal tender forever.

Correct Answer

Option 4

Correct Answer

Explanation →

Q30:

30 May Shift 2

Macro

Easy

Q30:

1.405

1.046

1.45

1.46

Correct Answer

Option 4

Correct Answer

Explanation →

Q31:

30 May Shift 2

Macro

Medium

Q31:

$ΔTR$

$c ΔTR$

$\frac{Δy}{ΔTR}$

$1 - c ΔTR$

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

30 May Shift 2

Micro

Medium

Q32:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

30 May Shift 2

Macro

Medium

Q33:

Consider for how long the resources are held.

Consider how these resources are used in generating a continuous flow of income and wealth.

Consider whether the possession of resources is increasing with the passage of time or not.

Consider whether the resources fulfill the need for next 10 years or not.

Correct Answer

Option 2

Correct Answer

Explanation →

Q34:

30 May Shift 2

Macro

Medium

Q34:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q35:

30 May Shift 2

Macro

Easy

Q35:

Transfer Payments.

Net Factor Income.

Trade in Goods.

Net Non-factor Income.

Correct Answer

Option 1

Correct Answer

Explanation →

Q36:

30 May Shift 2

Economics

Easy

Q36:

Macro Economics.

Micro Economics.

Positive Economics.

Normative Economics.

Correct Answer

Option 1

Correct Answer

Explanation →

Q37:

30 May Shift 2

Macro

Medium

Q37:

Output Market.

Money Market.

Financial Market.

Labour Market.

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

30 May Shift 2

Macro

Easy

Q38:

1932

1933

1934

1935

Correct Answer

Option 4

Correct Answer

Explanation →

Q39:

30 May Shift 2

Macro

Medium

Q39:

104th Constitutional Ammendment and Introduction of Article 26A.

101 Constitutional Amendment and Introduction of Article 246A.

101st Constitutional Amendment and Introduction of Article 26A.

104th Constitutional Ammendment and Introduction of Article 24A.

Correct Answer

Option 2

Correct Answer

Explanation →

Q40:

30 May Shift 2

Economics

Medium

Q40:

Professor at University of Glasgow

'The Economic Consequences of the Peace' written in 1919.

'An Enquiry into the Nature and Cause of the Wealth of Nations' Published in 1776

Founder of political economy

Correct Answer

Option 2

Correct Answer

Explanation →

Q41:

30 May Shift 2

Micro

Medium

Q41:

TC/q

(TC at q₁ units) – (TC at q₁ – 1 units)

TVC/q

TFC/q

Correct Answer

Option 2

Correct Answer

Explanation →

Q42:

30 May Shift 2

Micro

Medium

Q42:

Rising

Falling

Constant

Equal to output

Correct Answer

Option 1

Correct Answer

Explanation →

Q43:

30 May Shift 2

Micro

Medium

Q43:

LRAC cut LRMC from above at the minimum point LRAC.

LRAC cut LRMC from below at the minimum point LRAC.

LRMC cut LRAC from above at the minimum point LRAC.

LRMC cut LRAC from below at the minimum point of LRAC.

Correct Answer

Option 4

Correct Answer

Explanation →

Q44:

30 May Shift 2

Micro

Medium

Q44:

Equal to average cost.

Less than the average cost.

Greater than the average cost.

Falling.

Correct Answer

Option 3

Correct Answer

Explanation →

Q45:

30 May Shift 2

Micro

Medium

Q45:

Only LRAC is U shaped.

LRAC is U shaped and LRMC upward sloping.

Rectangular hyperbole.

U shaped.

Correct Answer

Option 4

Correct Answer

Explanation →

Q46:

30 May Shift 2

Macro

Medium

Q46:

Change in Consumption.

Change in Investment.

Constant Price and Interest rate.

Multiplier Mechanism.

Correct Answer

Option 4

Correct Answer

Explanation →

Q47:

30 May Shift 2

Macro

Easy

Q47:

Effective investment.

Effective consumtiopn.

Effective demand.

Effective supply.

Correct Answer

Option 3

Correct Answer

Explanation →

Q48:

30 May Shift 2

Macro

Medium

Q48:

250

300

350

400

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

30 May Shift 2

Macro

Easy

Q49:

Excess demand.

Deficient demand.

Excess output.

Deficient output.

Correct Answer

Option 1

Correct Answer

Explanation →

Q50:

30 May Shift 2

Macro

Medium

Q50:

Fixed price level.

Aggregate supply.

Fixed autonomous spending.

Aggregate demand.

Correct Answer

Option 3

Correct Answer

Explanation →