CUET Economics 2025 26 May Shift 2 PYQs

The headline inflation rate is largely under control, although the inflation rate for some specific food items is elevated.

In the above statement, what is meant by control?

1. Within the range of the acceptable inflation rate.
2. Price rise of basic consumption item is not in control.
3. Price of items for daily consumption are growing in such a manner that they are manageable through implementing policy tools if need arises.
4. No price rise has been witnessed.

Match List-I with List-II

List-I	List-II
(A) Current Account	(I) Receipts < Payments
(B) Capital Account	(II) Net Investment Income.
(C) Current Account Deficit	(III) Transfer Payment
(D) Trade in Services	(IV) Portfolio Investment

Choose the correct answer from the options given below:

It is difficult to record all international transactions accurately. Thus, there is a third element of Balance of Payment (BoP) (apart from the current and capital accounts) which adjusts inaccuracies to some extent that is called:

1. Reserves Change
2. Overall Balance
3. Errors and Omissions
4. Other Flows