CUET Economics - Identify the concept which should be deducted from the value of gross investment in order to accommodate regular wear and tear of capital goods. 1. Investment. 2. Capital 3. Depreciation 4. Consumption goods | PYQs + Solutions

CUET Economics 2025 14 May Shift 1

Macro

Easy

Investment.

Capital

Depreciation

Consumption goods

✅ Correct Option: 3

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Prices of a given basket of commodities which are bought by the representative consumer is indicated by which of the following?

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Arrange the steps to calculate Net National Product at market Price by Income Method.

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Choose the correct answer from the options given below:

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Match List-I with List-II

List-I	List-II
(A) GVA at Market Prices	(I) GVA at basic prices - Net Production Taxes
(B) GVA at basic prices	(II) NNPMP - Net Product Taxes - Net Production Taxes
(C) GVA at factor cost	(III) GDP at market prices
(D) National Income (NI)	(IV) GVAMP - Net Product Taxes

Choose the correct answer from the options given below:

CUET Economics 2025 14 May Shift 1 PYQs