CUET Economics 2025 3 June Shift 1 PYQs

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ECO

Q1:

3 June Shift 1

Indian Economic Development

Medium

Q1:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q2:

3 June Shift 1

Macro

Easy

Q2:

₹ 700 crore

₹ 900 crore

₹ 800 crore

₹ 500 crore

Correct Answer

Option 1

Correct Answer

Explanation →

Q3:

3 June Shift 1

Economics

Medium

Q3:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

3 June Shift 1

Macro

Medium

Q4:

It records all the transactions which are recurring in nature.

Proceeds from disinvestment are recorded under this category.

It has two components- revenue receipts and revenue expenditure.

Payment of salaries by the government departments is recorded in government budget.

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

3 June Shift 1

Micro

Medium

Q5:

Fall in equilibrium price and quantity.

Rise in equilibrium price and quantity.

Fall in equilibrium price and quantity to rise.

Rise in equilibrium price and quantity to fall.

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

3 June Shift 1

Micro

Medium

Q6:

One factor is constant.

Some factors are more efficient than others.

Specialisation of factors.

None of the factors are constant.

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

3 June Shift 1

Micro

Medium

Q7:

(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 →

Q8:

3 June Shift 1

Economics

Easy

Q8:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q9:

3 June Shift 1

Indian Economic Development

Medium

Q9:

Control of central authority.

Ownership of resources by government.

Consumer sovereignty.

Dominance over economic activity by public sector.

Correct Answer

Option 3

Correct Answer

Explanation →

Q10:

3 June Shift 1

Micro

Medium

Q10:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q11:

3 June Shift 1

Macro

Medium

Q11:

₹ 750 crore

₹ 800 crore

₹ 900 crore

₹ 600 crore

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

3 June Shift 1

Macro

Medium

Q12:

Revenue receipts.

Revenue expenditure.

Capital receipts.

Capital expenditure.

Correct Answer

Option 2

Correct Answer

Explanation →

Q13:

3 June Shift 1

Micro

Medium

Q13:

It causes excess demand, which often leads to the problem of black marketing.

Price floor is the minimum price of a commodity in the market as fixed by the government.

Often, the government fixes this price higher than the equilibrium market price of a commodity.

It ensures stability of income to the producers.

Correct Answer

Option 1

Correct Answer

Explanation →

Q14:

3 June Shift 1

Macro

Easy

Q14:

consumption, investment

consumption, savings

investment, saving

aggregate supply, consumption

Correct Answer

Option 1

Correct Answer

Explanation →

Q15:

3 June Shift 1

Macro

Medium

Q15:

capital, decrease in assets

revenue, increase in assets

capital, increase in liabilities

revenue, decrease in liabilities

Correct Answer

Option 1

Correct Answer

Explanation →

Q16:

3 June Shift 1

Macro

Hard

Q16:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q17:

3 June Shift 1

Macro

Medium

Q17:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q18:

3 June Shift 1

Macro

Medium

Q18:

Reduction in income inequality.

Rapid growth of infrastructure.

Expansion of environmentally harmful industries.

Increased government investment in education and healthcare.

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

3 June Shift 1

Macro

Medium

Q19:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q20:

3 June Shift 1

Macro

Medium

Q20:

Payment of an interest by an individual to a bank.

Bonus paid to employees.

National debt interest.

Payment of corporate tax by a firm.

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

3 June Shift 1

Micro

Medium

Q21:

200 units

275 units

125 units

100 units

Correct Answer

Option 2

Correct Answer

Explanation →

Q22:

3 June Shift 1

Macro

Medium

Q22:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q23:

3 June Shift 1

Macro

Easy

Q23:

Reallocation of resources

Regional equality

Redistribution of income

Economic instability

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

3 June Shift 1

Macro

Easy

Q24:

Depreciation of domestic currency.

Appreciation of domestic currency.

Devaluation of domestic currency.

Revaluation of domestic currency.

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

3 June Shift 1

Micro

Medium

Q25:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q26:

3 June Shift 1

Macro

Medium

Q26:

(A) and (C) only

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q27:

3 June Shift 1

Macro

Medium

Q27:

Funds transferred internationally as loans for a specified tenure and interest rate.

Trade transactions involving goods and services between two countries.

Payments made by one party without expecting any return in the future.

Investments made by a country in the stock market of another country.

Correct Answer

Option 3

Correct Answer

Explanation →

Q28:

3 June Shift 1

Macro

Medium

Q28:

(A) and (B) only

(B) and (C) only

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q29:

3 June Shift 1

Micro

Medium

Q29:

Firm has full control over price.

Horizontal straight line demand curve of the firm.

Freedom of entry and exit.

Selling costs do not exist.

Correct Answer

Option 1

Correct Answer

Explanation →

Q30:

3 June Shift 1

Macro

Easy

Q30:

Cash Reserve Ratio

Repo Rate

Bank Rate

Statutory Liquid Ratio

Correct Answer

Option 1

Correct Answer

Explanation →

Q31:

3 June Shift 1

Macro

Medium

Q31:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q32:

3 June Shift 1

Micro

Medium

Q32:

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

3 June Shift 1

Micro

Easy

Q33:

Own price of the commodity.

Goal of the firm.

Technique of production.

Number of firms.

Correct Answer

Option 1

Correct Answer

Explanation →

Q34:

3 June Shift 1

Indian Economic Development

Easy

Q34:

Ceiling price.

Equilibrium price.

Support price.

Market price.

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

3 June Shift 1

Micro

Medium

Q35:

Only equilibrium price remains unchanged.

Only equilibrium quantity remains unchanged.

Equilibrium price remains unchanged but equilibrium quantity decreases.

Equilibrium price remains unchanged but equilibrium quantity increases.

Correct Answer

Option 4

Correct Answer

Explanation →

Q36:

3 June Shift 1

Macro

Easy

Q36:

Production of durable goods.

Value of output - intermediate consumption.

Production of non durable goods.

Expenditure on intermediate goods.

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

3 June Shift 1

Macro

Medium

Q37:

Accomodating

Autonomous

Current account

Capital account

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

3 June Shift 1

Macro

Easy

Q38:

zero (0); infinity (∞)

one (+1); infinity (∞)

zero (0); one (+1)

minus one (-1), plus one (+1)

Correct Answer

Option 2

Correct Answer

Explanation →

Q39:

3 June Shift 1

Micro

Medium

Q39:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q40:

3 June Shift 1

Micro

Easy

Q40:

The choice of goods and services.

The distribution of income.

The market value of goods and services.

The choice of technique.

Correct Answer

Option 1

Correct Answer

Explanation →

Q41:

3 June Shift 1

Micro

Easy

Q41:

5 units

10 units

15 units

20 units

Correct Answer

Option 4

Correct Answer

Explanation →

Q42:

3 June Shift 1

Micro

Easy

Q42:

5 units

10 units

15 units

20 units

Correct Answer

Option 2

Correct Answer

Explanation →

Q43:

3 June Shift 1

Micro

Medium

Q43:

Decreasing the consumption of Good X.

Increasing the consumption of Good Y.

Increasing the consumption of Good X.

Decreasing the consumption of Good Y.

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

3 June Shift 1

Micro

Easy

Q44:

0.5

Correct Answer

Option 1

Correct Answer

Explanation →

Q45:

3 June Shift 1

Micro

Medium

Q45:

5X + 12Y = 100

10X + 5Y = 100

5Qx + 10Qy = 100

10Qx + 5Qy = 100

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

3 June Shift 1

Macro

Easy

Q46:

Increases

Decreases

Remains constant

First increases and then decreases

Correct Answer

Option 2

Correct Answer

Explanation →

Q47:

3 June Shift 1

Macro

Medium

Q47:

Decrease in income, output and employment.

Decrease in nominal income, but no change in real output.

Increase in income, output and employment.

No change in output or employment but increase in general price level.

Correct Answer

Option 1

Correct Answer

Explanation →

Q48:

3 June Shift 1

Macro

Medium

Q48:

Increase in government expenditure.

Increase in imports.

Increase in consumption expenditure.

Increase in producer's investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

3 June Shift 1

Macro

Medium

Q49:

Aggregate Demand = Aggregate Supply.

There exist an excess production capacity in the economy.

Resources are not fully and efficiently utilised.

Resources are fully and efficiently utilised.

Correct Answer

Option 4

Correct Answer

Explanation →

Q50:

3 June Shift 1

Macro

Medium

Q50:

Fall in private consumption expenditure.

Fall in exports.

Fall in imports.

Fall in government expenditure.

Correct Answer

Option 3

Correct Answer

Explanation →

CUET Economics 2025 3 June Shift 1 - Past Year Questions

Practice with our comprehensive collection of CUET Economics 2025 3 June Shift 1 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 3 June Shift 1 PYQs

Filter & Analyse PYQs (Topic-Wise) →

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

ECO

Q1:

3 June Shift 1

Indian Economic Development

Medium

Q1:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q2:

3 June Shift 1

Macro

Easy

Q2:

₹ 700 crore

₹ 900 crore

₹ 800 crore

₹ 500 crore

Correct Answer

Option 1

Correct Answer

Explanation →

Q3:

3 June Shift 1

Economics

Medium

Q3:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q4:

3 June Shift 1

Macro

Medium

Q4:

It records all the transactions which are recurring in nature.

Proceeds from disinvestment are recorded under this category.

It has two components- revenue receipts and revenue expenditure.

Payment of salaries by the government departments is recorded in government budget.

Correct Answer

Option 2

Correct Answer

Explanation →

Q5:

3 June Shift 1

Micro

Medium

Q5:

Fall in equilibrium price and quantity.

Rise in equilibrium price and quantity.

Fall in equilibrium price and quantity to rise.

Rise in equilibrium price and quantity to fall.

Correct Answer

Option 1

Correct Answer

Explanation →

Q6:

3 June Shift 1

Micro

Medium

Q6:

One factor is constant.

Some factors are more efficient than others.

Specialisation of factors.

None of the factors are constant.

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

3 June Shift 1

Micro

Medium

Q7:

(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 →

Q8:

3 June Shift 1

Economics

Easy

Q8:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q9:

3 June Shift 1

Indian Economic Development

Medium

Q9:

Control of central authority.

Ownership of resources by government.

Consumer sovereignty.

Dominance over economic activity by public sector.

Correct Answer

Option 3

Correct Answer

Explanation →

Q10:

3 June Shift 1

Micro

Medium

Q10:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q11:

3 June Shift 1

Macro

Medium

Q11:

₹ 750 crore

₹ 800 crore

₹ 900 crore

₹ 600 crore

Correct Answer

Option 1

Correct Answer

Explanation →

Q12:

3 June Shift 1

Macro

Medium

Q12:

Revenue receipts.

Revenue expenditure.

Capital receipts.

Capital expenditure.

Correct Answer

Option 2

Correct Answer

Explanation →

Q13:

3 June Shift 1

Micro

Medium

Q13:

It causes excess demand, which often leads to the problem of black marketing.

Price floor is the minimum price of a commodity in the market as fixed by the government.

Often, the government fixes this price higher than the equilibrium market price of a commodity.

It ensures stability of income to the producers.

Correct Answer

Option 1

Correct Answer

Explanation →

Q14:

3 June Shift 1

Macro

Easy

Q14:

consumption, investment

consumption, savings

investment, saving

aggregate supply, consumption

Correct Answer

Option 1

Correct Answer

Explanation →

Q15:

3 June Shift 1

Macro

Medium

Q15:

capital, decrease in assets

revenue, increase in assets

capital, increase in liabilities

revenue, decrease in liabilities

Correct Answer

Option 1

Correct Answer

Explanation →

Q16:

3 June Shift 1

Macro

Hard

Q16:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q17:

3 June Shift 1

Macro

Medium

Q17:

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

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q18:

3 June Shift 1

Macro

Medium

Q18:

Reduction in income inequality.

Rapid growth of infrastructure.

Expansion of environmentally harmful industries.

Increased government investment in education and healthcare.

Correct Answer

Option 3

Correct Answer

Explanation →

Q19:

3 June Shift 1

Macro

Medium

Q19:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q20:

3 June Shift 1

Macro

Medium

Q20:

Payment of an interest by an individual to a bank.

Bonus paid to employees.

National debt interest.

Payment of corporate tax by a firm.

Correct Answer

Option 2

Correct Answer

Explanation →

Q21:

3 June Shift 1

Micro

Medium

Q21:

200 units

275 units

125 units

100 units

Correct Answer

Option 2

Correct Answer

Explanation →

Q22:

3 June Shift 1

Macro

Medium

Q22:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q23:

3 June Shift 1

Macro

Easy

Q23:

Reallocation of resources

Regional equality

Redistribution of income

Economic instability

Correct Answer

Option 3

Correct Answer

Explanation →

Q24:

3 June Shift 1

Macro

Easy

Q24:

Depreciation of domestic currency.

Appreciation of domestic currency.

Devaluation of domestic currency.

Revaluation of domestic currency.

Correct Answer

Option 2

Correct Answer

Explanation →

Q25:

3 June Shift 1

Micro

Medium

Q25:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q26:

3 June Shift 1

Macro

Medium

Q26:

(A) and (C) only

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

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

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

Correct Answer

Option 1

Correct Answer

Explanation →

Q27:

3 June Shift 1

Macro

Medium

Q27:

Funds transferred internationally as loans for a specified tenure and interest rate.

Trade transactions involving goods and services between two countries.

Payments made by one party without expecting any return in the future.

Investments made by a country in the stock market of another country.

Correct Answer

Option 3

Correct Answer

Explanation →

Q28:

3 June Shift 1

Macro

Medium

Q28:

(A) and (B) only

(B) and (C) only

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q29:

3 June Shift 1

Micro

Medium

Q29:

Firm has full control over price.

Horizontal straight line demand curve of the firm.

Freedom of entry and exit.

Selling costs do not exist.

Correct Answer

Option 1

Correct Answer

Explanation →

Q30:

3 June Shift 1

Macro

Easy

Q30:

Cash Reserve Ratio

Repo Rate

Bank Rate

Statutory Liquid Ratio

Correct Answer

Option 1

Correct Answer

Explanation →

Q31:

3 June Shift 1

Macro

Medium

Q31:

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

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

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

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

Correct Answer

Option 4

Correct Answer

Explanation →

Q32:

3 June Shift 1

Micro

Medium

Q32:

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

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

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

Correct Answer

Option 2

Correct Answer

Explanation →

Q33:

3 June Shift 1

Micro

Easy

Q33:

Own price of the commodity.

Goal of the firm.

Technique of production.

Number of firms.

Correct Answer

Option 1

Correct Answer

Explanation →

Q34:

3 June Shift 1

Indian Economic Development

Easy

Q34:

Ceiling price.

Equilibrium price.

Support price.

Market price.

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

3 June Shift 1

Micro

Medium

Q35:

Only equilibrium price remains unchanged.

Only equilibrium quantity remains unchanged.

Equilibrium price remains unchanged but equilibrium quantity decreases.

Equilibrium price remains unchanged but equilibrium quantity increases.

Correct Answer

Option 4

Correct Answer

Explanation →

Q36:

3 June Shift 1

Macro

Easy

Q36:

Production of durable goods.

Value of output - intermediate consumption.

Production of non durable goods.

Expenditure on intermediate goods.

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

3 June Shift 1

Macro

Medium

Q37:

Accomodating

Autonomous

Current account

Capital account

Correct Answer

Option 2

Correct Answer

Explanation →

Q38:

3 June Shift 1

Macro

Easy

Q38:

zero (0); infinity (∞)

one (+1); infinity (∞)

zero (0); one (+1)

minus one (-1), plus one (+1)

Correct Answer

Option 2

Correct Answer

Explanation →

Q39:

3 June Shift 1

Micro

Medium

Q39:

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

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

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

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

Correct Answer

Option 3

Correct Answer

Explanation →

Q40:

3 June Shift 1

Micro

Easy

Q40:

The choice of goods and services.

The distribution of income.

The market value of goods and services.

The choice of technique.

Correct Answer

Option 1

Correct Answer

Explanation →

Q41:

3 June Shift 1

Micro

Easy

Q41:

5 units

10 units

15 units

20 units

Correct Answer

Option 4

Correct Answer

Explanation →

Q42:

3 June Shift 1

Micro

Easy

Q42:

5 units

10 units

15 units

20 units

Correct Answer

Option 2

Correct Answer

Explanation →

Q43:

3 June Shift 1

Micro

Medium

Q43:

Decreasing the consumption of Good X.

Increasing the consumption of Good Y.

Increasing the consumption of Good X.

Decreasing the consumption of Good Y.

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

3 June Shift 1

Micro

Easy

Q44:

0.5

Correct Answer

Option 1

Correct Answer

Explanation →

Q45:

3 June Shift 1

Micro

Medium

Q45:

5X + 12Y = 100

10X + 5Y = 100

5Qx + 10Qy = 100

10Qx + 5Qy = 100

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

3 June Shift 1

Macro

Easy

Q46:

Increases

Decreases

Remains constant

First increases and then decreases

Correct Answer

Option 2

Correct Answer

Explanation →

Q47:

3 June Shift 1

Macro

Medium

Q47:

Decrease in income, output and employment.

Decrease in nominal income, but no change in real output.

Increase in income, output and employment.

No change in output or employment but increase in general price level.

Correct Answer

Option 1

Correct Answer

Explanation →

Q48:

3 June Shift 1

Macro

Medium

Q48:

Increase in government expenditure.

Increase in imports.

Increase in consumption expenditure.

Increase in producer's investment.

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

3 June Shift 1

Macro

Medium

Q49:

Aggregate Demand = Aggregate Supply.

There exist an excess production capacity in the economy.

Resources are not fully and efficiently utilised.

Resources are fully and efficiently utilised.

Correct Answer

Option 4

Correct Answer

Explanation →

Q50:

3 June Shift 1

Macro

Medium

Q50:

Fall in private consumption expenditure.

Fall in exports.

Fall in imports.

Fall in government expenditure.

Correct Answer

Option 3

Correct Answer

Explanation →