CUET Economics - Rahul buys 90 kg of sugar and 5 pairs of shoes in a year. In the year 2000, the price of a kg of sugar was Rs 10 and a pair of shoes was Rs 100. Now suppose the prices of a kg of sugar and a pair of shoes have gone up to Rs 15 and Rs 120 in the year 2005. What is the Consumer Price Index? | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Macro

Medium

$135.29$

$1350$

$600$

$139.29$

✅ Correct Option: 4

Related questions:

14 May Shift 1

Which of the following indicates the sum total of Net National Product at market prices and other current transfers from the rest of the world:

21 May Shift 1

Which of the following are true about national income and related aggregates?

(A) National income includes factor income earned from abroad but does not include factor income paid abroad.

(B) Domestic income does not include factor income earned from abroad but includes factor income paid to abroad

(D) National income can never be smaller than domestic Income.

Choose the correct answer from the options given below:

30 May Shift 2

Consider the following statement related to Aggregate Income

(A) Aggregate revenue received by the firms is paid out to the factors of production it is considered as aggregate income.

(B) Aggregate Income can be calculated by calculating the aggregate value of goods and services produced by the firms.

(C) Income is being spent on the goods and services produced by the firms. It takes the form of aggregate expenditure received by firms.

(D) Aggregate Income can not only be calculated through aggregate expenditure. There are other methods that exist.

Which of the following combination of statements best explains the concept of Aggregate Income?

CUET Economics 2025 3 June Shift 2 PYQs