CUET Economics - Identify the characteristics of the resources from the following (A) Resources are limited (B) Resources are available for free (C) Resources are scarce only in developing countries. (D) Resources have alternative uses. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 16 May Shift 1

Economics

Medium

(A) and (D) only

(A), (B) and (C) only

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

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

✅ Correct Option: 1

Related questions:

22 May Shift 2

Select the correct statements regarding macroeconomics.

(A) Macroeconomics deals with the aggregate economic variables of an economy.

(B) Macroeconomics emerged as a separate subject in the 1930s due to Keynes.

(D) Macroeconomics takes into account various inter - linkages which may exist between the different sectors of an economy.

Choose the correct answer from the options given below:

22 May Shift 2

Who among the following is called as the founding father of modern economics.

14 May Shift 1

The allocation of scarce resources and the distribution of the final goods and services are the _____ of any economy.

CUET Economics 2025 16 May Shift 1 PYQs