CUET Economics 2026 13th May Shift 1 PYQs

Which of the following are the quantitative tools opted by Central bank to control money supply. (A) Cash reserve Ratio. (B) Moral Suasion. (C) Bank Rate. (D) Margin requirement. Choose the correct answer from the options given below:

The difference between firms total revenue and total cost is called?

The great leaf forward (GLF) campaign was initiated to achieve which of the following objective?

FRBMA stands for:

If all the people of the economy increase the proportion of income they save, the total value of savings in the economy will not increase – it will either decline or remain unchanged. This result is known as the:

In which one of the following exchange rate systems, central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Total Revenue (TR) | (I) TR /quantity (q) | | (B) Average Revenue (AR) | (II) ΔTR/Δq | | (C) Marginal Revenue (MR) | (III) TR-TC | | (D) Profit (π) | (IV) price × quantity | Choose the correct answer from the options given below:

The collection of all possible combinations of goods and services that can be produced from a given amount of resources and a given stock of technological knowledge is called?

Which of the following is not an indicator of Human Development?

The difference between the value of exports and the value of imports of goods of a country in a given period of time is called?

One has to specify the market environment in which a firm functions. Identify the features of a perfectly competitive market: (A) The market consists of a large number of buyers and sellers (B) Each firm produces and sells a heterogeneous product. (C) Entry into the market as well as exit from the market are free for firms. (D) Perfect Information. Choose the correct answer from the options given below:

The change in consumption per unit change in income is known as:

The demand for an inferior good ___________ as the income of the consumer increases.

The maximum retail price concept is an example of which of the following pricing?

Arrange the following steps in correct order with respect to change in exchange rate: (A) Demand for foreign goods and services increases. (B) It leads to a shift in the demand curve upward. (C) That resulted in an increase in prices. (D) The value of currency will fall in respect of foreign currency. Choose the correct answer from the options given below:

Expenditures of the government which result in creation of physical or financial assets or reduction in financial liabilities is known as:

Consumption level which is independent of income level is called:

On the basis of the government initiative, arrange the following in chronological order: (A) The Reserve Bank of India. (B) Fiscal Responsibility and Budget Management Act. (C) First nationalization of commercial banks in India. (D) LPG policy. Choose the correct answer from the options given below:

Select the correct statements in the context of relation between AP and MP. (A) As long as the value of MP remains higher than the value of the AP, the AP continues to rise. (B) When AP falls, MP has to be less than AP. (C) At the first unit of variable input ,AP and MP are same (D) MP curve cuts AP curve from above at its minimum. Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Average product of labour | (I) TVC/q | | (B) Marginal product of labour | (II) TPL/L | | (C) Average variable cost(AVC) | (III) Δ TPL/ΔL | | (D) Average Fixed Cost(AFC) | (IV) TFC/q | Choose the correct answer from the options given below:

What happens when both demand and supply curves shift rightwards simultaneously? Identify the correct statements from the following in this context. (A) Qunatity will increase. (B) Qunatity will decrease. (C) Quantity will remain unchanged. (D) Price may increase, decrease or remain unchanged. Choose the correct answer from the options given below:

The portion of agricultural produce which is sold in the market by the farmers is called?

The money supply measures, M1 and M2 are also known by which of the following term:

Arrange the following in chronological order of their establishment(oldest to latest). (A) Tata Iron and Steel Company (TISCO) (B) Planning Commission (C) Green Revolution (D) Karve Committee Choose the correct answer from the options given below:

The value of planned investment is called?

The value of MPC lies between:

A theory of international exchange which holds that, the price of similar goods in different countries is the same, this theory is known as the:

Which of the following are the sources of data on employment? (A) National Statistical Office's Reports of Employment and Unemployment Situation. (B) World Trade Organization. (C) Annual Reports of Periodic Labour Force Survey. (D) Directorate General of Employment and Training data of Registration with Employment Exchanges. Choose the correct answer from the options given below:

The ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous expenditure is called?

Privatisation of the public sector enterprises by selling off part of the equity of PSEs to the public is known as:

Match List-I with List-II | List-I | List-II | |---|---| | (A) M1 | (I) M1 + Net time deposits of commercial banks | | (B) M2 | (II) M3 +Total deposits with Post Office savings organisations(excluding NSC) | | (C) M3 | (III) CU + DD | | (D) M4 | (IV) M1 + Savings deposits with Post Office savings banks | Choose the correct answer from the options given below:

The ratio of nominal to real GDP is a well known index of prices. This is called:

A geographical region that has economic laws different from a country's typical economic laws that mainly aim to increase foreign investment, is known as:

Goods or services that are collectively consumed; it is not possible to exclude anyone from enjoying their benefits and one person's consumption does not affect consumption of others. What type of good they are?

Arrange the following in chronological order of their establishment of their establishment (oldest to latest): (A) MNREGA (B) Saansad Adarsh Gram Yojana. (C) Right to Education. (D) NABARD Choose the correct answer from the options given below:

Match List-I with List-II | List-I | List-II | |---|---| | (A) Net National Product at market price (NNP_MP) | (I) C+I+G+X-M | | (B) Gross Domestic Product at market price (GDP_MP) | (II) GDP_MP +NFIA | | (C) Gross Domestic Product (GDP_FC) | (III) GNP_MP - Depreciation | | (D) Gross National Product (GNP_MP) | (IV) GDP_MP - NIT | Choose the correct answer from the options given below:

When the government imposes taxes on income, then which function do they actually exercise?

Match List-I with List-II | List-I | List-II | |---|---| | (A) Chipko Movement | (I) Poverty reduction programme | | (B) Kudumbashree | (II) NGO | | (C) Kisan Mehta of Prakruti | (III) MPs need to develop one village from their constituencies | | (D) Saansad Adarsh Gram Yojana | (IV) Protecting forest in the himalayas | Choose the correct answer from the options given below:

Suppose Prachi buys 30 bananas when its price is Rs. 10 per banana. When the price increases to Rs. 14 per banana, she reduces her demand to 24 bananas. What is the price elasticity of demand in absolute terms?

Arrange the following in chronological order (oldest to latest) : (A) World Trade Organisation (WTO) (B) Goods & Services Tax in India (GST). (C) General Agreement on Tariff & Trade (GATT) (D) Adaptation of LPG policy by India. Choose the correct answer from the options given below: