CUET Economics - Arrange the following in order as per Income method of measuring national Income. (A) Classifying the production units into primary, secondary and tertiary sector on the basis of their occupational activities (B) Adding the net factor income from abroad. (C) Determination of domestic income. (D) Finding the factor payments made by each production unit and classifying it into compensation of employees, operating surplus and mixed income. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 21 May Shift 1

Macro

Medium

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

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

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

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

✅ Correct Option: 1

Related questions:

28 May Shift 1

Which of the following is correct regarding National Income Accounting ?

In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.
In order to compare the GDP figures of different countries, real GDP is used.
Flows are defined at a particular point of time.
Stocks are defined over a period of time.

28 May Shift 2

Arrange the statements in sequence of GDP composition on the expenditure side as per the annual report, Reserve Bank of India.

(A) Gross Domestic Investment.

(B) Private Final Consumption Expenditure.

(D) Net Exports.

Choose the correct answer from the options given below:

28 May Shift 1

This is the index of prices of a given basket of commodities which are bought by the representative customer. Two years under consideration are kept – one is the base year, the other is the current year. First, the cost of purchase of a given basket of commodities in the base year is calculated. Then the cost of purchase of the same basket in the current year is calculated. Then we express the latter as a percentage of the former.

This index is called :

Customer Index Pricing
Consumer Index Pricing
Consumer Price Index
Customer Price Index

CUET Economics 2025 21 May Shift 1 PYQs

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