CUET Economics - There may be times when demand exceeds available output under conditions of high employment and thus may give rise to inflation. In such situations, restrictive conditions may be needed to reduce demand. This intervention by the government is considered as | PYQs + Solutions

CUET Economics 2025 26 May Shift 2

Macro

Medium

Allocation function of the government.

Redistribution function of the government.

Stabilisation function of the government.

Public provision by the government.

✅ Correct Option: 3

Related questions:

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Public Provision	(I) No feasible way to deny anyone to use public goods.
(B) Stabalisation Function	(II) Goods are produced directly by the government.
(C) Non-Excludable	(III) Financed through the budget and can be used without any direct payment.
(D) Public Production	(IV) Whether to expand demand or reduce it.

Choose the correct answer from the options given below:

3 June Shift 2

The government imposes taxes that do not depend on income, called?

29 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Primary deficit	(I) Net borrowing at home + Borrowing from RBI + Borrowing from abroad
(B) Fiscal deficit	(II) Fiscal deficit – Net interest liabilities
(C) Revenue deficit	(III) Revenue expenditure – Revenue receipts
(D) Revenue Expenditure	(IV) Plan and non-plan expenditure

Choose the correct answer from the options given below:

CUET Economics 2025 26 May Shift 2 PYQs