CUET Economics 2025 14 May Shift 1 PYQs

Match List-I with List-II

List-I	List-II
(A) Currency + Demand Deposits + Savings deposits with Post Office savings banks	(I) M4
(B) Currency + Demand Deposits + Net time deposits of commercial banks + Total deposits with Post Office	(II) M2
(C) Currency + Demand Deposits	(III) M3
(D) Currency + Demand Deposits + Net time deposits of commercial banks	(IV) M1

Choose the correct answer from the options given below:

Kavish went to the supermarket with ₹5000 in his wallet to buy groceries for his family. He purchased vegetables, fruits and other household items, paying the respective prices at the counter. Which functions of money were being demonstrated in this real life scenario?

(A) Unit of Labour.

(B) Store of Value.

(C) Medium of Exchange.

(D) Measure of Creditworthiness.

Choose the correct answer from the options given below:

The rate at which Reserve Bank of India gives loans to the commercial Bank for longer duration:

1. Repo Rate.
2. Reverese Repo Rate.
3. Bank Rate.
4. Saving Rate.