What is real GDP in 2021? Option 1: Rs 1,100. Option 2: Rs 1,000. Option 3: Rs 1,200. Option 4: Rs 1,300.

The answer is 'Rs 1,100.'. View full solution:

CUET Economics - What is real GDP in 2021? | PYQs + Solutions

CUET Economics 2025 22 May Shift 1

Macro

Easy

Rs 1,100.

Rs 1,000.

Rs 1,200.

Rs 1,300.

✅ Correct Option: 1

Related questions:

1 June Shift 1

Match List - I with List - II.

	List - I		List - II
(A)	Inventories	(I)	GNP - Depreciation
(B)	Rent	(II)	GDP + NFIA
(C)	GNP	(III)	Capital
(D)	NNP	(IV)	Factor Payment

Choose the correct answer from the options given below :

CUET Economics 2022 Slot 3

If Gross Domestic Product at Market Price (GDPmp)=2995 crore. Private final consumption expenditure=1100 crore. Gross domestic fixed capital formation=1000 crore. Government final consumption expenditure=900 crore. Net imports=75 crore.

The change of stock will be :

30 May Shift 2

Consider the following statement related to Aggregate Income

(A) Aggregate revenue received by the firms is paid out to the factors of production it is considered as aggregate income.

(B) Aggregate Income can be calculated by calculating the aggregate value of goods and services produced by the firms.

(C) Income is being spent on the goods and services produced by the firms. It takes the form of aggregate expenditure received by firms.

(D) Aggregate Income can not only be calculated through aggregate expenditure. There are other methods that exist.

Which of the following combination of statements best explains the concept of Aggregate Income?

CUET Economics 2025 22 May Shift 1 PYQs

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