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CUET Economics 2025 21 May Shift 1 PYQs

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CUET Economics 2025 21 May Shift 1

Macro

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Medium

✅ Correct Option: 4

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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

(C) Domestic income include both factor income earned from abroad and factor income paid to abroad

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

Choose the correct answer from the options given below:

13 May Shift 1

Match List-I with List-II

List-IList-II
(A) Gross Domestic Product at Market Price(I) NDPMP - Net Product Taxes - Net Production Taxes
(B) Net Domestic Product at Factor Cost(II) GVA at basic prices - Net Production Taxes
(C) GVA(Gross Value Added) at factor cost(III) C+I+G+(X-M)
(D) Gross National Product at Factor Cost(IV) GNPMP - Net Product Taxes - Net Production Taxes

Choose the correct answer from the options given below:

29 May Shift 1

If in an economy value of Net factor Income from Abroad is 200 cores and the Factor Income to Abroad is 40 crores. Identify the value of Factor Income from Abroad.

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