CUET Economics 2025 31 May Shift 1 PYQs

A farmer produces cotton in his farm and sells it to the yarn making firm at Rs 2500. The yarn making firm sells this yarn to the cloth mill for Rs 4000, who make cloth from it and this cloth is sold to a readymade garments factory for Rs 6500. The ready made garments factory sells the garments to the retailer for Rs 9000 and makes a profit of Rs 2000.

Assuming that the farmer does not incur any intermediate cost, what will be total value added in the above process?

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:

Match List-I with List-II

List-I	List-II
(A) Real GDP	(I) Commodities traded in bulk.
(B) Nominal GDP	(II) GDP evaluated at constant prices.
(C) Consumer Price Index	(III) Commodities bought by representative consumers.
(D) Wholesale Price Index	(IV) GDP evaluated at current market prices.

Choose the correct answer from the options given below:

1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
2. (A) - (II), (B) - (IV), (C) - (III), (D) - (I)
3. (A) - (I), (B) - (IV), (C) - (III), (D) - (II)
4. (A) - (IV), (B) - (I), (C) - (III), (D) - (II)