Q1:
2 June Shift 1
Micro > Production & Costs
Medium
When some resources are shifted from Use 1 to Use 2 (given technology), the Marginal Rate of Transformation will
Correct Answer
Option 1
Correct Answer
CUET Economics 2025 2 June Shift 1 PYQs
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Q2:
2 June Shift 1
Macro > Balance of Payments
Medium
Identify the correct reasons that may affect the demand for foreign exchange in an economy. (A) Import of visibles. (B) Export of invisibles. (C) Remittances by residents working abroad. (D) Purchase of assets abroad. Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q3:
2 June Shift 1
Micro > Forms of Market
Medium
Match List-I with List-II | List-I | List-II | |---|---| | (A) Perfect Competition | (I) A typical characteristic of perfect competition. | | (B) Perfectly elastic demand curve | (II) An individual firm is a price taker. | | (C) Degree of price control under perfect competition | (III) The firm can sell any amount of its output at the prevailing price. | | (D) Freedom of entry and exit | (IV) No control over price. | Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q4:
2 June Shift 1
Macro > Balance of Payments
Medium
Which of the following statements is true about autonomous transactions?
Correct Answer
Option 1
Correct Answer
Q5:
2 June Shift 1
Macro > National Income
Medium
Identify which of the following is not considered as 'Normal Resident' of India?
Correct Answer
Option 4
Correct Answer
Q6:
2 June Shift 1
Macro > Balance of Payments
Medium
Arrange the following economic events in chronological order: (A) Gold was displaced by creating the Special Drawing Rights (SDRs). (B) The Great Depression. (C) First World War. (D) Bretton Woods Conference. Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q7:
2 June Shift 1
Macro > Income & Employment
Medium
Match List-I with List-II | List-I | List-II | |---|---| | (A) Marginal Propensity to Consume | (I) C/Y | | (B) Marginal Propensity to Save | (II) ΔC/ ΔY | | (C) Average Propensity to Save | (III) S/Y | | (D) Average Propensity to Consume | (IV) ΔS/ ΔY | Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q8:
2 June Shift 1
Micro > Market Equilibrium
Easy
Suppose the demand and supply curves of salt are given by: $Q_d = 1000 - p$ $Q_s = 700 + 2p$ Find the equilibrium price and quantity.
Correct Answer
Option 1
Correct Answer
Q9:
2 June Shift 1
Macro > Government Budget
Hard
Which of the following statements are incorrect? (A) Loans from IMF is a Revenue Receipt. (B) Capital Receipts are shown on the liabilities of the balance sheet. (C) Interest payment by the government represents a representation of fiscal deficit. (D) Revenue Deficit is the excess of capital receipts over the revenue receipts. Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q10:
2 June Shift 1
Micro > Market Equilibrium
Medium
If due to fall in price, total expenditure on the commodity falls, it indicates?
Correct Answer
Option 2
Correct Answer
Q11:
2 June Shift 1
Macro > Income & Employment
Easy
__________ refers to that level of aggregate demand, which can be met by the corresponding supply in the economy.
Correct Answer
Option 2
Correct Answer
Q12:
2 June Shift 1
Macro > National Income
Medium
Arrange the following steps in the calculation of national income, by income method in correct sequence: (A) Add Net Factor from Abroad to arrive at National Income. (B) Estimate the factor income estimated by each sector. (C) Identify and classify the income-generating units. (D) Calculate domestic factor income. Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q13:
2 June Shift 1
Macro > Introduction
Medium
Match List-I with List-II | List-I | List-II | |---|---| | (A) An enquiry into the nature and cause of the wealth of nations | (I) 1919 | | (B) The Economic Consequences of the Peace | (II) 1929 | | (C) General Theory of Employment, Interest and Money | (III) 1776 | | (D) The Great Depression | (IV) 1936 | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q14:
2 June Shift 1
Macro > Introduction
Easy
Which of the following is not a characteristic of a capitalist economy?
Correct Answer
Option 2
Correct Answer
Q15:
2 June Shift 1
Macro > National Income
Medium
Identify which of the following statements is incorrect with reference to an economy?
Correct Answer
Option 1
Correct Answer
Q16:
2 June Shift 1
Micro > Introduction
Easy
Which of the following is not concerned with the problem of choice?
Correct Answer
Option 4
Correct Answer
Q17:
2 June Shift 1
Macro > Balance of Payments
Medium
Match List-I with List-II | List-I | List-II | |---|---| | (A) Exchange Rate | (I) Supply of foreign exchange = Demand of foreign currency. | | (B) Gold standard system of exchange rate | (II) Domestic currency loses its value in relation to a foreign currency. | | (C) Par rate of exchange | (III) External value of the domestic currency. | | (D) Currency Depreciation | (IV) An old variant of fixed exchange rate. | Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q18:
2 June Shift 1
Micro > Market Equilibrium
Medium
The price elasticity of supply of a commodity is 2.5. At a price of Rs.5 per unit, its quantity supplied is 300 units. What will be its quantity supplied at a price of Rs.4 per unit?
Correct Answer
Option 4
Correct Answer
Q19:
2 June Shift 1
Macro > Money & Banking
Medium
Arrange the following statements in sequential order. (A) Rise in prices. (B) Central Bank increases margin requirement. (C) Situation of excess demand in the economy. (D) Aggregate demand falls. Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q20:
2 June Shift 1
Macro > Income & Employment
Hard
In an economy if all individual increases the proportion of income they save, then arrange following statements in their chronological order. (A) Marginal propensity to consume decreases. (B) The level of income decreases. (C) The amount of savings remains the same. (D) The aggregate demand curve rotates downwards. Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q21:
2 June Shift 1
Micro > Production & Costs
Easy
What does break even point indicate?
Correct Answer
Option 3
Correct Answer
Q22:
2 June Shift 1
Macro > Government Budget
Medium
Which of the following are the functions of Government Budget? (A) Restriction. (B) Allocation. (C) Redistribution. (D) Stabilisation. Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q23:
2 June Shift 1
Macro > Government Budget
Medium
Identify which of the following statements are correct? (A) Fiscal deficit is the difference between total revenue and total expenditure excluding borrowing of the government. (B) Fiscal deficit is the difference between total planned expenditure and total planned receipts of the government. (C) Primary deficit is the difference between total planned receipt and interest payments. (D) Fiscal deficit is the sum of primary deficit and interest payment. Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q24:
2 June Shift 1
Micro > Market Equilibrium
Medium
When will increase in supply bring down the price, leaving the quantity demanded unchanged?
Correct Answer
Option 2
Correct Answer
Q25:
2 June Shift 1
Micro > Production & Costs
Medium
Under perfect competition, for the producer to be in equilibrium:
Correct Answer
Option 4
Correct Answer
Q26:
2 June Shift 1
Micro > Production & Costs
Medium
When Marginal Product is constant?
Correct Answer
Option 3
Correct Answer
Q27:
2 June Shift 1
Micro > Consumer Behaviour
Medium
Law of demand is violated when?
Correct Answer
Option 3
Correct Answer
Q28:
2 June Shift 1
Micro > Consumer Behaviour
Easy
The Law of Diminishing Marginal Utility states that when more and more units of a commodity are consumed, Marginal Utility __________
Correct Answer
Option 3
Correct Answer
Q29:
2 June Shift 1
Micro > Consumer Behaviour
Medium
Match List-I with List-II | List-I | List-II | |---|---| | (A) Consumer's equilibrium | (I) ΔY/ ΔX | | (B) Slope of IC | (II) Budget line rotates to the right starting from the Y axis | | (C) Px falls | (III) Consumer should move downwards to the right along the IC | | (D) MRSxy > Px/Py | (IV) Optimum choice of the consumer | Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q30:
2 June Shift 1
Macro > Balance of Payments
Easy
Balance of Payments of an economy records.
Correct Answer
Option 4
Correct Answer
Q31:
2 June Shift 1
Macro > National Income
Medium
Identify the correct sequence with regard to externalities: (A) Leads to negative externalities. (B) Production by the refining industry pollutes nearby rivers. (C) Causes harm to people. (D) Dependent may loose their livelihood. Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q32:
2 June Shift 1
Micro > Forms of Market
Medium
What is the shape of Average Revenue (AR) curve under perfect competition?
Correct Answer
Option 1
Correct Answer
Q33:
2 June Shift 1
Micro > Market Equilibrium
Easy
What would price ceiling lead to when the maximum price is fixed lower than the equilibrium price?
Correct Answer
Option 3
Correct Answer
Q34:
2 June Shift 1
Micro > Market Equilibrium
Medium
An upward sloping straight line supply curve shooting from the X axis indicates the:
Correct Answer
Option 1
Correct Answer
Q35:
2 June Shift 1
Micro > Market Equilibrium
Medium
Which of the following is a demerit of price ceiling? (A) Black Marketing. (B) Stability of income of producers. (C) Low quality product is offered to consumer. (D) Standing in long queues to get allocated quota of the commodity. Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q36:
2 June Shift 1
Micro > Production & Costs
Medium
Average Fixed Cost (AFC) is indicated by?
Correct Answer
Option 1
Correct Answer
Q37:
2 June Shift 1
Macro > National Income
Easy
The value of nominal GDP is \$1100 and the value of real GDP is \$1000. Find the value of GDP deflator.
Correct Answer
Option 2
Correct Answer
Q38:
2 June Shift 1
Macro > Government Budget
Medium
Primary Deficit can be zero if?
Correct Answer
Option 1
Correct Answer
Q39:
2 June Shift 1
Micro > Production & Costs
Medium
Stages of production are the consequences of:
Correct Answer
Option 3
Correct Answer
Q40:
2 June Shift 1
Micro > Consumer Behaviour
Easy
A shift in the budget line, when prices are constant, is due to.
Correct Answer
Option 2
Correct Answer
Q41:
2 June Shift 1
Macro > Money & Banking
Easy
Comprehension:
Read the passage carefully and answer the questions based on the passage:
RBI Monetary Policy
The Reserve Bank of India, in its monetary policy meet decided to keep the key policy rates unchanged after two emergency rate cuts amid the COVID-19 disruptions and its ensuing economic fall out. Consequently, the repo rate stands unchanged at 4% and the reverse repo rate at 3.35%. RBI noted that the economic activity had started to recover from the lows of April-May. Meanwhile, migrant labor is returning to work in urban areas, and factories and construction activities are coming back to life. This is also reflected in rising levels of energy consumption and population mobility. In cities, traffic intensity is rising rapidly; online commerce is booming; and people are getting back to offices. The mood of the nation has shifted from fear and despair to confidence and hope. Some of this optimism is being reflected in people’s expectations. In September 2020, round of the RBI’s survey, households expects inflation to decline modestly over the next three months, indicative of hope that supply chains are mending.
The Reserve Bank of India (RBI) __________ government securities in a bid to ________ the stock of money in the economy.
Correct Answer
Option 1
Correct Answer
Q42:
2 June Shift 1
Macro > Money & Banking
Easy
Comprehension:
Read the passage carefully and answer the questions based on the passage:
RBI Monetary Policy
The Reserve Bank of India, in its monetary policy meet decided to keep the key policy rates unchanged after two emergency rate cuts amid the COVID-19 disruptions and its ensuing economic fall out. Consequently, the repo rate stands unchanged at 4% and the reverse repo rate at 3.35%. RBI noted that the economic activity had started to recover from the lows of April-May. Meanwhile, migrant labor is returning to work in urban areas, and factories and construction activities are coming back to life. This is also reflected in rising levels of energy consumption and population mobility. In cities, traffic intensity is rising rapidly; online commerce is booming; and people are getting back to offices. The mood of the nation has shifted from fear and despair to confidence and hope. Some of this optimism is being reflected in people’s expectations. In September 2020, round of the RBI’s survey, households expects inflation to decline modestly over the next three months, indicative of hope that supply chains are mending.
A cut in Repo Rate would lead to __________ in Money Supply and a cut in Reverse Repo Rate would lead to __________ in deposits of commercial bank to RBI
Correct Answer
Option 4
Correct Answer
Q43:
2 June Shift 1
Macro > Money & Banking
Easy
Comprehension:
Read the passage carefully and answer the questions based on the passage:
RBI Monetary Policy
The Reserve Bank of India, in its monetary policy meet decided to keep the key policy rates unchanged after two emergency rate cuts amid the COVID-19 disruptions and its ensuing economic fall out. Consequently, the repo rate stands unchanged at 4% and the reverse repo rate at 3.35%. RBI noted that the economic activity had started to recover from the lows of April-May. Meanwhile, migrant labor is returning to work in urban areas, and factories and construction activities are coming back to life. This is also reflected in rising levels of energy consumption and population mobility. In cities, traffic intensity is rising rapidly; online commerce is booming; and people are getting back to offices. The mood of the nation has shifted from fear and despair to confidence and hope. Some of this optimism is being reflected in people’s expectations. In September 2020, round of the RBI’s survey, households expects inflation to decline modestly over the next three months, indicative of hope that supply chains are mending.
Why did Monetary Policy Committee keep its policy rate unchanged in its recent meet?
Correct Answer
Option 1
Correct Answer
Q44:
2 June Shift 1
Macro > Money & Banking
Easy
Comprehension:
Read the passage carefully and answer the questions based on the passage:
RBI Monetary Policy
The Reserve Bank of India, in its monetary policy meet decided to keep the key policy rates unchanged after two emergency rate cuts amid the COVID-19 disruptions and its ensuing economic fall out. Consequently, the repo rate stands unchanged at 4% and the reverse repo rate at 3.35%. RBI noted that the economic activity had started to recover from the lows of April-May. Meanwhile, migrant labor is returning to work in urban areas, and factories and construction activities are coming back to life. This is also reflected in rising levels of energy consumption and population mobility. In cities, traffic intensity is rising rapidly; online commerce is booming; and people are getting back to offices. The mood of the nation has shifted from fear and despair to confidence and hope. Some of this optimism is being reflected in people’s expectations. In September 2020, round of the RBI’s survey, households expects inflation to decline modestly over the next three months, indicative of hope that supply chains are mending.
Which of the following is not a monetary measure adopted by Reserve Bank of India?
Correct Answer
Option 3
Correct Answer
Q45:
2 June Shift 1
Macro > Money & Banking
Easy
Comprehension:
Read the passage carefully and answer the questions based on the passage:
RBI Monetary Policy
The Reserve Bank of India, in its monetary policy meet decided to keep the key policy rates unchanged after two emergency rate cuts amid the COVID-19 disruptions and its ensuing economic fall out. Consequently, the repo rate stands unchanged at 4% and the reverse repo rate at 3.35%. RBI noted that the economic activity had started to recover from the lows of April-May. Meanwhile, migrant labor is returning to work in urban areas, and factories and construction activities are coming back to life. This is also reflected in rising levels of energy consumption and population mobility. In cities, traffic intensity is rising rapidly; online commerce is booming; and people are getting back to offices. The mood of the nation has shifted from fear and despair to confidence and hope. Some of this optimism is being reflected in people’s expectations. In September 2020, round of the RBI’s survey, households expects inflation to decline modestly over the next three months, indicative of hope that supply chains are mending.
Repo Rate is the rate at which.
Correct Answer
Option 2
Correct Answer
Q46:
2 June Shift 1
Macro > Income & Employment
Medium
Comprehension:
Read the passage carefully and answer the questions based on the passage:
Calculate various parameters of Aggregate Demand, Aggregate Supply and related concepts
| Income (in ₹ Crore) | Consumption (in ₹ Crore) |
| ------------------- | ------------------------ |
| 0 | 50 |
| 50 | 75 |
| 100 | 100 |
| 200 | 150 |
| 300 | 200 |
| 400 | 250 |
When income is more than consumption, then value of Average Propensity to Save (APS) is.
Correct Answer
Option 1
Correct Answer
Q47:
2 June Shift 1
Macro > Income & Employment
Medium
Comprehension:
Read the passage carefully and answer the questions based on the passage:
Calculate various parameters of Aggregate Demand, Aggregate Supply and related concepts
| Income (in ₹ Crore) | Consumption (in ₹ Crore) |
| ------------------- | ------------------------ |
| 0 | 50 |
| 50 | 75 |
| 100 | 100 |
| 200 | 150 |
| 300 | 200 |
| 400 | 250 |
When income is less than consumption, value of Average Propensity to Consume (APC) is.
Correct Answer
Option 1
Correct Answer
Q48:
2 June Shift 1
Macro > Income & Employment
Medium
Comprehension:
Read the passage carefully and answer the questions based on the passage:
Calculate various parameters of Aggregate Demand, Aggregate Supply and related concepts
| Income (in ₹ Crore) | Consumption (in ₹ Crore) |
| ------------------- | ------------------------ |
| 0 | 50 |
| 50 | 75 |
| 100 | 100 |
| 200 | 150 |
| 300 | 200 |
| 400 | 250 |
From the given table, identify the level of income, where Average Propensity to Save (APS) becomes zero:
Correct Answer
Option 2
Correct Answer
Q49:
2 June Shift 1
Macro > Income & Employment
Medium
Comprehension:
Read the passage carefully and answer the questions based on the passage:
Calculate various parameters of Aggregate Demand, Aggregate Supply and related concepts
| Income (in ₹ Crore) | Consumption (in ₹ Crore) |
| ------------------- | ------------------------ |
| 0 | 50 |
| 50 | 75 |
| 100 | 100 |
| 200 | 150 |
| 300 | 200 |
| 400 | 250 |
_____________ is the minimum level of consumption done at zero income level and is independent of income.
Correct Answer
Option 1
Correct Answer
Q50:
2 June Shift 1
Macro > Income & Employment
Medium
Comprehension:
Read the passage carefully and answer the questions based on the passage:
Calculate various parameters of Aggregate Demand, Aggregate Supply and related concepts
| Income (in ₹ Crore) | Consumption (in ₹ Crore) |
| ------------------- | ------------------------ |
| 0 | 50 |
| 50 | 75 |
| 100 | 100 |
| 200 | 150 |
| 300 | 200 |
| 400 | 250 |
Calculate Marginal Propensity to Save (MPS) and Average Propensity to Consume (APC) at income level of 200.
Correct Answer
Option 3
Correct Answer
CUET Economics 2025 2 June Shift 1 - Past Year Questions
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