CUET Economics - Nation X produces two goods; rice and cloth. A consumer buys 100 kg of rice and 10 pieces of cloth in a year. Suppose, in the year 2000, the price of rice was Rs 10/kg and a piece of cloth was Rs 100. Now suppose the prices of a kg rice and a piece of cloth have gone up to Rs 18 and Rs 120 in the year 2005. In the given example, the Consumer Price Index of the current year vis-a-vis the base year will be equal to ________. | PYQs + Solutions

CUET Economics 2026 11th May Shift 2

Macro

Easy

125

66.66

150

200

✅ Correct Option: 3

Related questions:

30 May Shift 1

Match List-I with List-II

List-I	List-II
(A) GDP at constant price	(i) known as Nominal GDP
(B) GDP at current price	(ii) Increases only when there is increase in the quantum of output in the economy.
(C) Welfare of the people	(III) known as earned income
(D) Factor income	(IV) Measured in terms of the availability of goods and services

Choose the correct answer from the options given below:

27 May Shift 2

Match List-I with List-II

List-I	List-II
(A) GVA at Market Prices	(I) GVA at basic prices - Net Production Taxes
(B) GVA at basic prices	(II) NNPMP - Net Product Taxes - Net Production Taxes
(C) GVA at factor cost	(III) GDP at market prices
(D) National Income (NI)	(IV) GVAMP - Net Product Taxes

Choose the correct answer from the options given below:

28 May Shift 1

The basis of the difference in income and product method of National Income Accounting is best deciphered by which of the following?

Product method measures the aggregate value of final goods and services produced by all the firms.
Income method measures the sum total of consumption expenditure.
Product method refers to the final consumption expenditure on the goods and services produced by the firm.
Income method refers to the fixed cost of the goods and services produced by the firm.

CUET Economics 2026 11th May Shift 2 PYQs