CUET Economics 2025 2 June Shift 1 PYQs

What are the main sources of demand in a closed economy?

1. Consumption, government spending, and domestic investment
2. Consumption, net exports and government spending
3. Consumption, government spending, domestic investment and net exports
4. Government spending, net exports and domestic investment

Choose the correct statements:

(A) Intermediate goods are used as raw materials or inputs for production of other commodities.

(B) Consumer goods are consumed when purchased by their ultimate consumers.

(C) Intermediate goods crossed production process boundary.

(D) Capital goods have a durable character which are used in the production process.

Caculate Net National Product at Market Price (NNP$_{MP}$).

1. Rs. 3000 crores
2. Rs. 3200 crores
3. Rs. 3137 crores
4. Rs. 3237 crores