Match the LIST-I with LIST-II | LIST-I | | LIST-II | |---|---|---| | A. Output Market | I. | The price of one currency in terms of another currency | | B. Financial Market | II. | Firms can choose where to locate production and workers to choose where to work. | | C. Labour Market | III. | Most often an economy can buy financial assets from other countries. | | D. Foreign exchange rate | IV. | An economy can trade in goods and services with other countries. | Choose the correct answer from the options given below:

Question

Option 1: A-I, B-II, C-III, D-IV

Option 2: A-IV, B-III, C-II, D-I

Option 3: A-IV, B-II, C-III, D-I

Option 4: A-III, B-IV, C-I, D-II

AfterBoards · Accepted Answer

The answer is 'A-IV, B-III, C-II, D-I'. View full solution:

List-I	List-II
(A) Macroeconomics	(I) We study the behavior of aggregate measures of the performance of the economy.
(B) Mixed economy	(II) All important decisions regarding production, exchange and consumption of goods and services are made by the government.
(C) Market	(III) Some important decisions are taken by the government and the economic activities are by and large conducted through the market.
(D) Centrally planned economy	(IV) A set of arrangements where economic agents can freely exchange their endowments or products with each other.

CUET Economics 2026 31st May Shift 1 PYQs

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