Q1:
11th May Shift 1
Macro > Income & Employment
Easy
What is the value of the vertical intercept and slope of the given equation for the consumption function? $C = A + \frac{1}{2}Y$
Correct Answer
Option 1
Correct Answer
CUET Economics 2026 11th May Shift 1 PYQs
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Q2:
11th May Shift 1
Micro > Forms of Market
Medium
Which of the following condition must be satisfied for profit maximization under perfect competition for the Short Run (SR) and for the Long Run (LR) respectively? Where P = Price, AVC = Average variable cost, AFC = Average fixed cost, AC = Average cost.
Correct Answer
Option 4
Correct Answer
Q3:
11th May Shift 1
Macro > Income & Employment
Easy
If all people in the economy increase the proportion of income they save, then total savings in the economy will not increase; it will either decline or remain unchanged. This phenomenon is known as_____.
Correct Answer
Option 2
Correct Answer
Q4:
11th May Shift 1
Indian Economic Development > Human Capital Formation
Easy
Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. | ICMR | I. Agricultural research | | B. | AICTE | II. Health Sector | | C. | NABARD | III. Technical education | | D. | ICAR | IV. Agricultural credit | Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q5:
11th May Shift 1
Micro > Consumer Behaviour
Medium
Suppose the consumer have 15 rupees to spend on purchasing two goods namely $x_1$ and $x_2$ where the price of $x_1$ is 2.50 and price of $x_2$ is 1.50 then what is the maximum quantity of $x_1$ and $x_2$ at which the consumer's budget line will intersect the axis of the graph if $x_1$ and $x_2$ are represented in the vertical axis and horizontal axis of the graph respectively.
Correct Answer
Option 3
Correct Answer
Q6:
11th May Shift 1
Macro > National Income
Easy
Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. | GDP - Depreciation | I. GDP in two-sector economy | | B. | Indirect Taxes - Subsidies | II. Disposable income | | C. | Y = C + I | III. NDP | | D. | Personal Income - Taxes | IV. Net indirect Taxes | Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q7:
11th May Shift 1
Micro > Production & Costs
Easy
The given the Cobb-Douglas production function $Q = L^{2/3}K^{1/3}$, which of the following is correct about this production function? A. The firm produces Q amount of output using L and K inputs only. B. The given production function exhibits decreasing returns to scale. C. The given production function exhibits constant returns to scale. D. The given production function exhibits increasing returns to scale. Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q8:
11th May Shift 1
Micro > Introduction
Easy
What causes the production possibility frontier concave downward shape towards the origin?
Correct Answer
Option 2
Correct Answer
Q9:
11th May Shift 1
Macro > Balance of Payments
Easy
Which of the following is not a component of current account in balance of payment?
Correct Answer
Option 4
Correct Answer
Q10:
11th May Shift 1
Indian Economic Development > Development Experience of India
Easy
Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. | SEZ | I. Population | | B. | Demography | II. Exports and imports | | C. | Fertility Rate | III. Average year of living | | D. | Life Expectancy | IV. Birth rate | Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q11:
11th May Shift 1
Macro > Money & Banking
Easy
Which is the apex regulatory body of the Indian banking system and in which year it came into existence?
Correct Answer
Option 3
Correct Answer
Q12:
11th May Shift 1
Macro > Balance of Payments
Medium
Why official reserve transactions are not equal to zero under managed floating exchange rate system?
Correct Answer
Option 1
Correct Answer
Q13:
11th May Shift 1
Micro > Production & Costs
Easy
Which of the following cost curve represents the rate of change in the total cost of production in the production function?
Correct Answer
Option 3
Correct Answer
Q14:
11th May Shift 1
Macro > Government Budget
Easy
Goods that possess characteristics of excludability and rivalry are known as___.
Correct Answer
Option 4
Correct Answer
Q15:
11th May Shift 1
Micro > Forms of Market
Easy
Which of the following condition is satisfied for a firm to maximise it's profit in the short run under perfect competition? Where, P = Price, AC = Average cost, MC = Marginal Cost.
Correct Answer
Option 2
Correct Answer
Q16:
11th May Shift 1
Macro > Money & Banking
Easy
What are the short and long term tools of lending to commercial banks by the RBI?
Correct Answer
Option 3
Correct Answer
Q17:
11th May Shift 1
Indian Economic Development > Development Experience of India
Easy
Which one of the following is the correct composition of HDI?
Correct Answer
Option 2
Correct Answer
Q18:
11th May Shift 1
Macro > Income & Employment
Easy
If the investment is increased by 2 lacs and the value of the investment multiplier is 3/2 then what will be the value of change in income?
Correct Answer
Option 3
Correct Answer
Q19:
11th May Shift 1
Macro > National Income
Medium
Which of the following is correct option to calculate National Income:
Correct Answer
Option 1
Correct Answer
Q20:
11th May Shift 1
Macro > Government Budget
Medium
Arrange the following statements in correct sequence with respect to government budget's objective. A. When demand exceeds for available output under the condition of full employment. B. May give rise to inflation in the economy. C. The intervention of the government to stabilize the economy. D. The overall level of employment and prices depend upon the level of aggregate demand. Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q21:
11th May Shift 1
Macro > Income & Employment
Easy
Which one of the following is correct formula for deriving the investment multiplier? A. 1/(1 - MPC) B. 1/MPS C. 1/(1 - MPS) D. (1 - MPC)/MPS Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q22:
11th May Shift 1
Micro > Market Equilibrium
Easy
Excess demand and excess supply can be adjusted by the invisible hand to reach the ________________ .
Correct Answer
Option 2
Correct Answer
Q23:
11th May Shift 1
Macro > Income & Employment
Medium
Find the correct options from the following on which investment decisions of a firm depends. A. Cost of capital B. Availability of stocks of inventories C. Expected returns from the investment D. Availability of capital Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q24:
11th May Shift 1
Micro > Consumer Behaviour
Easy
Suppose the price of the commodity is declined by 10%, as a result of which, the quantity demanded increased by 20%. Then, calculate the value of the elasticity of demand ($e_D$) and confirm its type.
Correct Answer
Option 4
Correct Answer
Q25:
11th May Shift 1
Indian Economic Development > Human Capital Formation
Easy
Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. | HDI | I. Malnutrition | | B. | BPL | II. Poverty | | C. | Infant mortality | III. Quality of life | | D. | Undernourishment | IV. Child death before reaching the age of one year | Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q26:
11th May Shift 1
Macro > Balance of Payments
Easy
Under which exchange rate appreciation and depreciation takes place and under which exchange rate devaluation and revaluation takes place respectively?
Correct Answer
Option 2
Correct Answer
Q27:
11th May Shift 1
Macro > Income & Employment
Easy
Calculate the value of the multiplier and find the value of the consumption quantity that is independent of income from the following equation. C=150+0.75Y
Correct Answer
Option 1
Correct Answer
Q28:
11th May Shift 1
Indian Economic Development > Development Experience (1947-90)
Medium
Arrange the following information on the basis of year of occurrence in India in respect of planning (oldest to latest): A. Emphasized on mixed economy B. Emphasized on expansion of Public Sector Undertakings (PSU's) C. Implementation of the third five-year plan D. Emphasized economic liberalization Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q29:
11th May Shift 1
Macro > Money & Banking
Easy
If the total amount of deposits with a bank is 200 crores and the Reserve Ratio (RR) is 5% then what is the maximum loanable amount which the bank can lend out in the form of a loan?
Correct Answer
Option 2
Correct Answer
Q30:
11th May Shift 1
Indian Economic Development > Development Experience (1947-90)
Easy
Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. | Source of Human Capital | I. Abolition of the zamindari system | | B. | Minimum Support Price | II. Balancing resources use between present and future generation | | C. | Land Reform | III. Long term assurance to farmers | | D. | Sustainable Development | IV. Investment in education | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q31:
11th May Shift 1
Micro > Production & Costs
Easy
What happens to the total cost (TC) of production if the quantity of output in the production is reduced to 0 (zero)? Where, TC=Total cost, FC=Fixed Cost, VC=Variable Cost.
Correct Answer
Option 1
Correct Answer
Q32:
11th May Shift 1
Macro > Money & Banking
Medium
What are the broad components of money supply measure M3? A. Currency in circulation B. Net fixed deposits with the banking system C. Post office savings deposit D. Demand Deposits Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q33:
11th May Shift 1
Indian Economic Development > Economic Reforms (1991)
Medium
Which of the following combinations about liberalization are correct? A. Deregulation of industrial Sector. B. Rupee was revalued against foreign currencies. C. Foreign Institutional investors are allowed to invest in Indian financial markets. D. Removal of export duties. Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q34:
11th May Shift 1
Macro > Government Budget
Medium
Which are the part of plan revenue expenditure ? A. Expenditure on five-year plans B. Central assistance for union territories C. Expenditure on Defence services D. Expenditure on subsidies and interest payment Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q35:
11th May Shift 1
Micro > Market Equilibrium
Easy
When excess demand for a commodity is reduced to zero, what happens to the market price for that commodity?
Correct Answer
Option 1
Correct Answer
Q36:
11th May Shift 1
Macro > Balance of Payments
Easy
Calculate the current account balance from the following values (given in dollars): Exports of goods =188 Import of goods =248 Net invisibles; A. Non-factor services=56 B. Transfers=36 C. Income receipts =10
Correct Answer
Option 2
Correct Answer
Q37:
11th May Shift 1
Macro > Government Budget
Medium
Arrange the following steps in proper sequence with respect to the change in taxes: A. Decrease in taxes. B. Shift the aggregate expenditure curve upwards. C. Increase in disposable income. D. Negative tax multiplier effect. Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q38:
11th May Shift 1
Indian Economic Development > Development Experience (1947-90)
Medium
Arrange the following events in chronological order. A. Setting up Planning Commission B. Green Revolution C. Karve Committee D. Second Five Year Plan Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q39:
11th May Shift 1
Indian Economic Development > Sustainable Economic Development
Easy
What do you mean by sustainable development?
Correct Answer
Option 2
Correct Answer
Q40:
11th May Shift 1
Indian Economic Development > Economic Reforms (1991)
Easy
What does NEP stand for, with reference to the 1991 economic reforms in India?
Correct Answer
Option 2
Correct Answer
Q41:
11th May Shift 1
Indian Economic Development > Sustainable Economic Development
Easy
Sustainable Development
Global warming is a gradual increase in the average temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases.It is caused by man-made increases in carbon dioxide and other greenhouse gases through the burning of fossil fuels and deforestation. The atmospheric concentrations of carbon dioxide and CH4 have increased by 31 per cent and 149 per cent respectively above pre-industrial levels since 1750. During the past century, the atmospheric temperature has risen by 1.1°F (0.6°C) . Among factors that may be contributing to global warming are the burning of coal and petroleum products (sources of carbon dioxide, methane, nitrous oxide, ozone); deforestation, which increases the amount of carbon dioxide in the atmosphere; methane gas released in animal waste; and increased cattle production, which contributes to deforestation, methane production, and use of fossil fuels. A UN Conference on Climate Change, held in Kyoto, Japan, in 1997 which emphasized that industrialized nations must reduce greenhouse gas emissions.
Ozone depletion refers to the phenomenon of reductions in the amount of ozone in the stratosphere. The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the stratosphere. The origins of these compounds are chlorofluorocarbons (CFC), used as cooling substances in airconditioners and refrigerators, or as aerosol propellants, and bromofluorocarbons (halons), used in fire extinguishers. This led to the adoption of the Montreal Protocol banning the use of chlorofluorocarbon (CFC) compounds, as well as other ozone depleting chemicals such as carbon tetrachloride, trichloroethane (also known as methyl chloroform), and bromine compounds known as halons.
Which of the following apex international body held a meeting in Kyoto, Japan in 1997 to fight against global warming?
Correct Answer
Option 3
Correct Answer
Q42:
11th May Shift 1
Indian Economic Development > Sustainable Economic Development
Easy
Sustainable Development
Global warming is a gradual increase in the average temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases.It is caused by man-made increases in carbon dioxide and other greenhouse gases through the burning of fossil fuels and deforestation. The atmospheric concentrations of carbon dioxide and CH4 have increased by 31 per cent and 149 per cent respectively above pre-industrial levels since 1750. During the past century, the atmospheric temperature has risen by 1.1°F (0.6°C) . Among factors that may be contributing to global warming are the burning of coal and petroleum products (sources of carbon dioxide, methane, nitrous oxide, ozone); deforestation, which increases the amount of carbon dioxide in the atmosphere; methane gas released in animal waste; and increased cattle production, which contributes to deforestation, methane production, and use of fossil fuels. A UN Conference on Climate Change, held in Kyoto, Japan, in 1997 which emphasized that industrialized nations must reduce greenhouse gas emissions.
Ozone depletion refers to the phenomenon of reductions in the amount of ozone in the stratosphere. The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the stratosphere. The origins of these compounds are chlorofluorocarbons (CFC), used as cooling substances in airconditioners and refrigerators, or as aerosol propellants, and bromofluorocarbons (halons), used in fire extinguishers. This led to the adoption of the Montreal Protocol banning the use of chlorofluorocarbon (CFC) compounds, as well as other ozone depleting chemicals such as carbon tetrachloride, trichloroethane (also known as methyl chloroform), and bromine compounds known as halons.
As per UN conference on climate change held in Kyoto,Japan in 1997 which type of nations must abide by the agreement to reduce the green house gases emissions.
Correct Answer
Option 4
Correct Answer
Q43:
11th May Shift 1
Indian Economic Development > Sustainable Economic Development
Medium
Sustainable Development
Global warming is a gradual increase in the average temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases.It is caused by man-made increases in carbon dioxide and other greenhouse gases through the burning of fossil fuels and deforestation. The atmospheric concentrations of carbon dioxide and CH4 have increased by 31 per cent and 149 per cent respectively above pre-industrial levels since 1750. During the past century, the atmospheric temperature has risen by 1.1°F (0.6°C) . Among factors that may be contributing to global warming are the burning of coal and petroleum products (sources of carbon dioxide, methane, nitrous oxide, ozone); deforestation, which increases the amount of carbon dioxide in the atmosphere; methane gas released in animal waste; and increased cattle production, which contributes to deforestation, methane production, and use of fossil fuels. A UN Conference on Climate Change, held in Kyoto, Japan, in 1997 which emphasized that industrialized nations must reduce greenhouse gas emissions.
Ozone depletion refers to the phenomenon of reductions in the amount of ozone in the stratosphere. The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the stratosphere. The origins of these compounds are chlorofluorocarbons (CFC), used as cooling substances in airconditioners and refrigerators, or as aerosol propellants, and bromofluorocarbons (halons), used in fire extinguishers. This led to the adoption of the Montreal Protocol banning the use of chlorofluorocarbon (CFC) compounds, as well as other ozone depleting chemicals such as carbon tetrachloride, trichloroethane (also known as methyl chloroform), and bromine compounds known as halons.
Which of the following compounds was not banned as per Montreal Protocol?
Correct Answer
Option 2
Correct Answer
Q44:
11th May Shift 1
Indian Economic Development > Sustainable Economic Development
Easy
Sustainable Development
Global warming is a gradual increase in the average temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases.It is caused by man-made increases in carbon dioxide and other greenhouse gases through the burning of fossil fuels and deforestation. The atmospheric concentrations of carbon dioxide and CH4 have increased by 31 per cent and 149 per cent respectively above pre-industrial levels since 1750. During the past century, the atmospheric temperature has risen by 1.1°F (0.6°C) . Among factors that may be contributing to global warming are the burning of coal and petroleum products (sources of carbon dioxide, methane, nitrous oxide, ozone); deforestation, which increases the amount of carbon dioxide in the atmosphere; methane gas released in animal waste; and increased cattle production, which contributes to deforestation, methane production, and use of fossil fuels. A UN Conference on Climate Change, held in Kyoto, Japan, in 1997 which emphasized that industrialized nations must reduce greenhouse gas emissions.
Ozone depletion refers to the phenomenon of reductions in the amount of ozone in the stratosphere. The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the stratosphere. The origins of these compounds are chlorofluorocarbons (CFC), used as cooling substances in airconditioners and refrigerators, or as aerosol propellants, and bromofluorocarbons (halons), used in fire extinguishers. This led to the adoption of the Montreal Protocol banning the use of chlorofluorocarbon (CFC) compounds, as well as other ozone depleting chemicals such as carbon tetrachloride, trichloroethane (also known as methyl chloroform), and bromine compounds known as halons.
Which one of the following factor is not responsible for global warming?
Correct Answer
Option 1
Correct Answer
Q45:
11th May Shift 1
Indian Economic Development > Sustainable Economic Development
Easy
Sustainable Development
Global warming is a gradual increase in the average temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases.It is caused by man-made increases in carbon dioxide and other greenhouse gases through the burning of fossil fuels and deforestation. The atmospheric concentrations of carbon dioxide and CH4 have increased by 31 per cent and 149 per cent respectively above pre-industrial levels since 1750. During the past century, the atmospheric temperature has risen by 1.1°F (0.6°C) . Among factors that may be contributing to global warming are the burning of coal and petroleum products (sources of carbon dioxide, methane, nitrous oxide, ozone); deforestation, which increases the amount of carbon dioxide in the atmosphere; methane gas released in animal waste; and increased cattle production, which contributes to deforestation, methane production, and use of fossil fuels. A UN Conference on Climate Change, held in Kyoto, Japan, in 1997 which emphasized that industrialized nations must reduce greenhouse gas emissions.
Ozone depletion refers to the phenomenon of reductions in the amount of ozone in the stratosphere. The problem of ozone depletion is caused by high levels of chlorine and bromine compounds in the stratosphere. The origins of these compounds are chlorofluorocarbons (CFC), used as cooling substances in airconditioners and refrigerators, or as aerosol propellants, and bromofluorocarbons (halons), used in fire extinguishers. This led to the adoption of the Montreal Protocol banning the use of chlorofluorocarbon (CFC) compounds, as well as other ozone depleting chemicals such as carbon tetrachloride, trichloroethane (also known as methyl chloroform), and bromine compounds known as halons.
Which compounds are mainly responsible for Ozone depletion in the stratosphere?
Correct Answer
Option 3
Correct Answer
Q46:
11th May Shift 1
Macro > National Income
Easy
| Sl No | Items | Values (In Lacs) |
|---|---|---|
| 1 | Government Spending | 7.5 |
| 2 | Consumption spending | 2.85 |
| 3 | Investment spending | 5.75 |
| 4 | Value of Exports | 1.8 |
| 5 | Value of Imports | 2.12 |
| 6 | Personal income | 1.2 |
| 7 | Disposable income | 1.0 |
| 8 | Depreciation | 0.2 |
Calculate the value of $GDP_{MP}$ of a closed economy from the given table values.
Correct Answer
Option 1
Correct Answer
Q47:
11th May Shift 1
Macro > National Income
Easy
| Sl No | Items | Values (In Lacs) |
|---|---|---|
| 1 | Government Spending | 7.5 |
| 2 | Consumption spending | 2.85 |
| 3 | Investment spending | 5.75 |
| 4 | Value of Exports | 1.8 |
| 5 | Value of Imports | 2.12 |
| 6 | Personal income | 1.2 |
| 7 | Disposable income | 1.0 |
| 8 | Depreciation | 0.2 |
Calculate the value of $GDP_{MP}$ of an open economy from the given table values
Correct Answer
Option 2
Correct Answer
Q48:
11th May Shift 1
Macro > National Income
Easy
| Sl No | Items | Values (In Lacs) |
|---|---|---|
| 1 | Government Spending | 7.5 |
| 2 | Consumption spending | 2.85 |
| 3 | Investment spending | 5.75 |
| 4 | Value of Exports | 1.8 |
| 5 | Value of Imports | 2.12 |
| 6 | Personal income | 1.2 |
| 7 | Disposable income | 1.0 |
| 8 | Depreciation | 0.2 |
Calculate the value of net exports
Correct Answer
Option 1
Correct Answer
Q49:
11th May Shift 1
Macro > National Income
Easy
| Sl No | Items | Values (In Lacs) |
|---|---|---|
| 1 | Government Spending | 7.5 |
| 2 | Consumption spending | 2.85 |
| 3 | Investment spending | 5.75 |
| 4 | Value of Exports | 1.8 |
| 5 | Value of Imports | 2.12 |
| 6 | Personal income | 1.2 |
| 7 | Disposable income | 1.0 |
| 8 | Depreciation | 0.2 |
Calculate the NDP at market price of the closed economy from the given table values.
Correct Answer
Option 3
Correct Answer
Q50:
11th May Shift 1
Macro > National Income
Easy
| Sl No | Items | Values (In Lacs) |
|---|---|---|
| 1 | Government Spending | 7.5 |
| 2 | Consumption spending | 2.85 |
| 3 | Investment spending | 5.75 |
| 4 | Value of Exports | 1.8 |
| 5 | Value of Imports | 2.12 |
| 6 | Personal income | 1.2 |
| 7 | Disposable income | 1.0 |
| 8 | Depreciation | 0.2 |
Calculate the amount of personal tax.
Correct Answer
Option 4
Correct Answer
CUET Economics 2026 11th May Shift 1 - Past Year Questions
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