CUET Economics - Macro - National Income | Free Questions

Q1:

3 June Shift 2

Macro

>

Medium

Q1:

Goods and Services Market.

Factors of Production Market.

Product Market.

Financial Market.

Correct Answer

Option 2

Correct Answer

Explanation →

Q2:

3 June Shift 2

Macro

>

Medium

Q2:

Real GDP.

GDP Deflator.

Constant Prices.

Nominal GDP.

Correct Answer

Option 1

Correct Answer

Explanation →

Q3:

3 June Shift 2

Macro

>

Medium

Q3:

(A), (C) and (D) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q4:

3 June Shift 2

Macro

>

Medium

Q4:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q5:

3 June Shift 2

Macro

>

Medium

Q5:

$135.29$

$1350$

$600$

$139.29$

Correct Answer

Option 4

Correct Answer

Explanation →

Q6:

3 June Shift 1

Macro

>

Easy

Q6:

₹ 700 crore

₹ 900 crore

₹ 800 crore

₹ 500 crore

Correct Answer

Option 1

Correct Answer

Explanation →

Q7:

3 June Shift 1

Macro

>

Medium

Q7:

Reduction in income inequality.

Rapid growth of infrastructure.

Expansion of environmentally harmful industries.

Increased government investment in education and healthcare.

Correct Answer

Option 3

Correct Answer

Explanation →

Q8:

3 June Shift 1

Macro

>

Medium

Q8:

(D), (B), (C), (A)

(B), (C), (D), (A)

(C), (A), (D), (B)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q9:

3 June Shift 1

Macro

>

Medium

Q9:

Payment of an interest by an individual to a bank.

Bonus paid to employees.

National debt interest.

Payment of corporate tax by a firm.

Correct Answer

Option 2

Correct Answer

Explanation →

Q10:

3 June Shift 1

Macro

>

Easy

Q10:

Production of durable goods.

Value of output - intermediate consumption.

Production of non durable goods.

Expenditure on intermediate goods.

Correct Answer

Option 2

Correct Answer

Explanation →

Q11:

2 June Shift 1

Macro

>

Medium

Q11:

An Indian citizen working in USA embassy located at New Delhi.

An Indian official working in Indian embassy in China.

An Indian diplomat visiting Canada for a conference.

An Indian working in an American company located in New York for a period of more than 1 year.

Correct Answer

Option 4

Correct Answer

Explanation →

Q12:

2 June Shift 1

Macro

>

Medium

Q12:

(A), (B), (D), (C)

(A), (B), (C), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q13:

2 June Shift 1

Macro

>

Medium

Q13:

Sum of Gross Domestic Product (GDP) and Gross National Product (GNP) is always equal to zero.

Excess of Gross Domestic Product (GDP) over Gross National Product (GNP) is possible.

Equality between Gross Domestic Product (GDP) and Gross National Product (GNP) is possible.

Excess of Gross National Product (GNP) over Gross Domestic Product (GDP) is possible.

Correct Answer

Option 1

Correct Answer

Explanation →

Q14:

2 June Shift 1

Macro

>

Easy

Q14:

0.9

1.1

1

0.8

Correct Answer

Option 2

Correct Answer

Explanation →

Q15:

31 May Shift 1

Macro

>

Medium

Q15:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option Drop

Correct Answer

Explanation →

Q16:

31 May Shift 1

Macro

>

Medium

Q16:

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

(A), (B) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q17:

31 May Shift 1

Macro

>

Easy

Q17:

Profit.

Interest.

Subsidies.

Capital.

Correct Answer

Option 1

Correct Answer

Explanation →

Q18:

31 May Shift 1

Macro

>

Easy

Q18:

Asset Appreciation.

Consumption.

Stock.

Investment.

Correct Answer

Option 4

Correct Answer

Explanation →

Q19:

31 May Shift 1

Macro

>

Medium

Q19:

Product Method.

Income Method.

Gross Value Added Method.

Expenditure Method.

Correct Answer

Option 1

Correct Answer

Explanation →

Q20:

31 May Shift 1

Macro

>

Medium

Q20:

Rs. 3500 crores

Rs. 3137 crores

Rs. 3140 crores

Rs. 3000 crores

Correct Answer

Option 1

Correct Answer

Explanation →

Q21:

31 May Shift 1

Macro

>

Medium

Q21:

Rs. 140

Rs. 50

Rs. 540

Rs. 137

Correct Answer

Option 1

Correct Answer

Explanation →

Q22:

31 May Shift 1

Macro

>

Medium

Q22:

Rs. 3000 crore

Rs. 3137 crore

Rs. 3140 crore

Rs. 3500 crore

Correct Answer

Option 3

Correct Answer

Explanation →

Q23:

31 May Shift 1

Macro

>

Medium

Q23:

Rs. 3000 crores

Rs. 3137 crores

Rs. 3140 crores

Rs. 3500 crores

Correct Answer

Option 2

Correct Answer

Explanation →

Q24:

31 May Shift 1

Macro

>

Medium

Q24:

Rs. 3000 crores

Rs. 3200 crores

Rs. 3137 crores

Rs. 3237 crores

Correct Answer

Option 4

Correct Answer

Explanation →

Q25:

30 May Shift 2

Macro

>

Medium

Q25:

(B) and (C) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(A), (B) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q26:

30 May Shift 2

Macro

>

Medium

Q26:

Unsold finished, or semifinished goods which a firm carries to the next year.

Inventory may have a higher value at the end of the year.

The change of inventories of a firm during a year = production – Sale

It is a flow variable.

Correct Answer

Option 4

Correct Answer

Explanation →

Q27:

30 May Shift 2

Macro

>

Medium

Q27:

(A) - (II), (B) - (I), (C) - (IV), (D) - (III)

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

Correct Answer

Option 3

Correct Answer

Explanation →

Q28:

30 May Shift 2

Macro

>

Medium

Q28:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q29:

30 May Shift 2

Macro

>

Easy

Q29:

Rs 2.073 Cr

Rs 2.73 Cr

Rs 12.73 Cr

Rs 2.730 Cr

Correct Answer

Option 2

Correct Answer

Explanation →

Q30:

30 May Shift 2

Macro

>

Easy

Q30:

1.405

1.046

1.45

1.46

Correct Answer

Option 4

Correct Answer

Explanation →

Q31:

30 May Shift 2

Macro

>

Medium

Q31:

Consider for how long the resources are held.

Consider how these resources are used in generating a continuous flow of income and wealth.

Consider whether the possession of resources is increasing with the passage of time or not.

Consider whether the resources fulfill the need for next 10 years or not.

Correct Answer

Option 2

Correct Answer

Explanation →

Q32:

30 May Shift 1

Macro

>

Medium

Q32:

Gross Investment.

Interest on capital.

Net Investment.

Investment Expenditure.

Correct Answer

Option 1

Correct Answer

Explanation →

Q33:

30 May Shift 1

Macro

>

Medium

Q33:

(A), (B) and (D) only

(B) and (D) only

(A), (C) and (D) only

(A), (B) and (C) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q34:

30 May Shift 1

Macro

>

Medium

Q34:

Brokerage for facilitating sale of old car.

Interest paid by production units to households.

Payment of GST by firms to the government.

Interest paid by banks on deposits by individuals.

Correct Answer

Option 3

Correct Answer

Explanation →

Q35:

30 May Shift 1

Macro

>

Medium

Q35:

(A) - (i), (B) - (ii), (C) - (III), (D) - (IV)

(A) - (II), (B) - (i), (C) - (III), (D) - (IV)

(A) - (i), (B) - (II), (C) - (IV), (D) - (III)

(A) - (II), (B) - (i), (C) - (IV), (D) - (III)

Correct Answer

Option 4

Correct Answer

Explanation →

Q36:

30 May Shift 1

Macro

>

Medium

Q36:

(A), (B), (C), (D)

(A), (D), (C), (B)

(B), (A), (D), (C)

(A), (C), (D), (B)

Correct Answer

Option 2

Correct Answer

Explanation →

Q37:

30 May Shift 1

Macro

>

Medium

Q37:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (IV), (C) - (II), (D) - (III)

(A) - (III), (B) - (II), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q38:

30 May Shift 1

Macro

>

Easy

Q38:

₹ 4,000

₹ 2,000

₹ 3,000

₹ 1,500

Correct Answer

Option 2

Correct Answer

Explanation →

Q39:

30 May Shift 1

Macro

>

Medium

Q39:

Inventory investment.

Fixed investment.

Gross investment.

Gross Domestic capital formation.

Correct Answer

Option 2

Correct Answer

Explanation →

Q40:

30 May Shift 1

Macro

>

Medium

Q40:

Annual Expenditure of a school.

Distance between Punjab and Haryana.

Bank balance of Mr. Mukesh as on 31st March 2023.

Investment of Mr. Mohit as on 31st December 2023.

Correct Answer

Option 1

Correct Answer

Explanation →

Q41:

29 May Shift 2

Macro

>

Medium

Q41:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q42:

29 May Shift 2

Macro

>

Medium

Q42:

Rent received from commercial banks located in Delhi.

Salary received by an Indian from any foreign embassy.

Direct purchases by foreigners from Indian markets.

Purchase of new shares of domestic company.

Correct Answer

Option 4

Correct Answer

Explanation →

Q43:

29 May Shift 2

Macro

>

Medium

Q43:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (IV), (B) - (III), (C) - (II), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q44:

29 May Shift 2

Macro

>

Medium

Q44:

(A), (B) and (D) only

(A), (C) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q45:

29 May Shift 2

Macro

>

Easy

Q45:

Passes through the stages of production.

Undergo transformation by the action of the retailer.

A product that will not pass through any more stages of production or transformation.

Resale of the product by traders.

Correct Answer

Option 3

Correct Answer

Explanation →

Q46:

29 May Shift 2

Macro

>

Medium

Q46:

Consumption goods.

Normal goods.

Intermediate goods.

Final goods.

Correct Answer

Option 4

Correct Answer

Explanation →

Q47:

29 May Shift 1

Macro

>

Medium

Q47:

Social security contributions by employees.

Expenditure on procuring the building materials for maintenance.

Expenditure on adding a floor to the building.

Payment of interest on a loan taken by an employee from the employer.

Correct Answer

Option 3

Correct Answer

Explanation →

Q48:

29 May Shift 1

Macro

>

Easy

Q48:

Income.

Capital.

Production of Bricks.

Capital Formation.

Correct Answer

Option 2

Correct Answer

Explanation →

Q49:

29 May Shift 1

Macro

>

Easy

Q49:

Capital Goods.

Consumer Goods.

Intermediate Goods.

Giffen Goods.

Correct Answer

Option 1

Correct Answer

Explanation →

Q50:

29 May Shift 1

Macro

>

Easy

Q50:

200 Crores.

160 Crores.

240 Crores.

180 Crores.

Correct Answer

Option 3

Correct Answer

Explanation →

Q51:

28 May Shift 2

Macro

>

Hard

Q51:

(B), (C), (A), (D)

(A), (B), (C), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 1

Correct Answer

Explanation →

Q52:

28 May Shift 2

Macro

>

Medium

Q52:

Rs 1000 per year.

Rs 900 per year.

Rs 700 per year.

Rs 100 per year.

Correct Answer

Option 3

Correct Answer

Explanation →

Q53:

28 May Shift 2

Macro

>

Medium

Q53:

National Disposable Income.

Private Income.

National debt interest.

Current transfers from government.

Correct Answer

Option 1

Correct Answer

Explanation →

Q54:

28 May Shift 2

Macro

>

Medium

Q54:

50 percent.

150 percent.

10 percent.

100 percent.

Correct Answer

Option 2

Correct Answer

Explanation →

Q55:

28 May Shift 2

Macro

>

Medium

Q55:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q56:

28 May Shift 1

Macro

>

Medium

Q56:

Department of Revenue

Central Board of Direct Taxes

Central Statistics Office

Niti Ayog

Correct Answer

Option 3

Correct Answer

Explanation →

Q57:

28 May Shift 1

Macro

>

Easy

Q57:

The part of Aggregate Income which belongs to the household.

The part of Aggregate Income which belongs to the Government.

The part of Aggregate Income which belongs to the firm.

The part of Aggregate Income which belongs to the rest of the world.

Correct Answer

Option 1

Correct Answer

Explanation →

Q58:

28 May Shift 1

Macro

>

Easy

Q58:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (IV), (C) - (III), (D) - (I)

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)

(A) - (IV), (B) - (I), (C) - (III), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q59:

28 May Shift 1

Macro

>

Medium

Q59:

(A), (B) and (C) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q60:

28 May Shift 1

Macro

>

Medium

Q60:

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.

Correct Answer

Option 1

Correct Answer

Explanation →

Q61:

28 May Shift 1

Macro

>

Medium

Q61:

In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used.

In order to compare the GDP figures of different countries, real GDP is used.

Flows are defined at a particular point of time.

Stocks are defined over a period of time.

Correct Answer

Option 2

Correct Answer

Explanation →

Q62:

28 May Shift 1

Macro

>

Easy

Q62:

Customer Index Pricing

Consumer Index Pricing

Consumer Price Index

Customer Price Index

Correct Answer

Option 3

Correct Answer

Explanation →

Q63:

28 May Shift 1

Macro

>

Easy

Q63:

Gross Domestic Product at market price less net product taxes.

Market value of all final goods and services produced within a domestic territory of a country measured in a given financial year.

Expenditure to maintain the current GDP level.

Income earned by factors in the form of interest, profit, wages within the domestic territory of a country.

Correct Answer

Option 2

Correct Answer

Explanation →

Q64:

27 May Shift 2

Macro

>

Medium

Q64:

(A), (B), (C) and (D)

(A), (B) and (D) only

(B), (C) and (D) only

(A), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q65:

27 May Shift 2

Macro

>

Hard

Q65:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q66:

27 May Shift 2

Macro

>

Easy

Q66:

Expenditure.

Shortage.

Deduction.

Depreciation.

Correct Answer

Option 4

Correct Answer

Explanation →

Q67:

27 May Shift 2

Macro

>

Easy

Q67:

129.29 (approximately).

149.29 (approximately).

139.29 (approximately)

159.29 (approximately).

Correct Answer

Option 3

Correct Answer

Explanation →

Q68:

26 May Shift 2

Macro

>

Medium

Q68:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (II), (B) - (III), (C) - (II), (D) - (IV)

(A) - (III), (B) - (I), (C) - (IV), (D) - (II)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q69:

26 May Shift 2

Macro

>

Medium

Q69:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q70:

26 May Shift 2

Macro

>

Medium

Q70:

Net current transfers by the government to the households.

Net remittances received by households from rest of the world.

Net tax payments by the households.

Nothing is to be subtracted as personal income is same as personal disposable income.

Correct Answer

Option 3

Correct Answer

Explanation →

Q71:

26 May Shift 2

Macro

>

Medium

Q71:

120

83.33

100

125

Correct Answer

Option 2

Correct Answer

Explanation →

Q72:

26 May Shift 2

Macro

>

Medium

Q72:

186

1800

2496

2539

Correct Answer

Option 1

Correct Answer

Explanation →

Q73:

26 May Shift 2

Macro

>

Hard

Q73:

(A), (B) and (D) only

(A), (B) and (C) only

(A) and (B) only

(C) and (D) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q74:

26 May Shift 2

Macro

>

Medium

Q74:

National income is likely to fall.

National income is likely to rise.

National income will remain unaffected.

National income will initially fall and then rise.

Correct Answer

Option 2

Correct Answer

Explanation →

Q75:

22 May Shift 2

Macro

>

Easy

Q75:

Government and household sector.

Firms and government.

Firms, government and household sector.

Firms, government, household sector and trade.

Correct Answer

Option 3

Correct Answer

Explanation →

Q76:

22 May Shift 2

Macro

>

Medium

Q76:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q77:

22 May Shift 2

Macro

>

Medium

Q77:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 4

Correct Answer

Explanation →

Q78:

22 May Shift 2

Macro

>

Medium

Q78:

Net value added.

Value added.

Gross value added.

Gross domestic product.

Correct Answer

Option 2

Correct Answer

Explanation →

Q79:

22 May Shift 2

Macro

>

Easy

Q79:

Rs. 90 per year.

Rs. 100 per year.

Rs. 70 per year.

Rs. 80 per year.

Correct Answer

Option 4

Correct Answer

Explanation →

Q80:

22 May Shift 2

Macro

>

Easy

Q80:

National disposable Income.

Real GDP.

Nominal GDP.

GNP_MP.

Correct Answer

Option 2

Correct Answer

Explanation →

Q81:

22 May Shift 2

Macro

>

Medium

Q81:

Personal Disposable Income.

Personal Income.

Gross National Income.

Net National Income.

Correct Answer

Option 2

Correct Answer

Explanation →

Q82:

22 May Shift 2

Macro

>

Medium

Q82:

Sales revenue.

Factor payment.

Aggregate Expenditure.

Aggregate Consumption.

Correct Answer

Option 1

Correct Answer

Explanation →

Q83:

22 May Shift 2

Macro

>

Easy

Q83:

Product Method.

Expenditure Method.

Income Method.

First in First out Method.

Correct Answer

Option 3

Correct Answer

Explanation →

Q84:

22 May Shift 1

Macro

>

Hard

Q84:

(A), (B) and (C) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q85:

22 May Shift 1

Macro

>

Medium

Q85:

Consumption Goods.

Final Goods.

Intermediate Goods.

Capital Goods.

Correct Answer

Option 3

Correct Answer

Explanation →

Q86:

22 May Shift 1

Macro

>

Medium

Q86:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q87:

22 May Shift 1

Macro

>

Medium

Q87:

160 percent.

140 pecent.

150 percent.

170 percent.

Correct Answer

Option 3

Correct Answer

Explanation →

Q88:

22 May Shift 1

Macro

>

Easy

Q88:

Correct Answer

Option 2

Correct Answer

Explanation →

Q89:

22 May Shift 1

Macro

>

Easy

Q89:

Rs 1,100.

Rs 1,000.

Rs 1,200.

Rs 1,300.

Correct Answer

Option 1

Correct Answer

Explanation →

Q90:

22 May Shift 1

Macro

>

Easy

Q90:

Rs 1760.

Rs. 1600.

Rs 1560.

Rs 1650.

Correct Answer

Option 4

Correct Answer

Explanation →

Q91:

22 May Shift 1

Macro

>

Easy

Q91:

Aggregate supply.

Aggregate demand.

Final goods.

Multipler.

Correct Answer

Option 2

Correct Answer

Explanation →

Q92:

21 May Shift 1

Macro

>

Medium

Q92:

(A) and (B) only

(A) and (C) only

(A), (C) and (D) only

(B) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q93:

21 May Shift 1

Macro

>

Medium

Q93:

(A), (D), (C), (B)

(A), (C), (B), (D)

(B), (A), (D), (C)

(A), (C), (D), (B)

Correct Answer

Option 1

Correct Answer

Explanation →

Q94:

21 May Shift 1

Macro

>

Medium

Q94:

Current transfers to the rest of the world

Profits of the firm net of corporate taxes

Other current transfers from the rest of the world

profits of the firm net of retained earnings

Correct Answer

Option 3

Correct Answer

Explanation →

Q95:

21 May Shift 1

Macro

>

Medium

Q95:

Chalks used in a private school.

Seeds used by a farmer.

Rice purchased from a grocery store by a restaurant

Car used as a taxi by a person

Correct Answer

Option 4

Correct Answer

Explanation →

Q96:

21 May Shift 1

Macro

>

Medium

Q96:

(B) and (C) only

(A), (B) and (D) only

(A) and (B) only

(A) and (C) only

Correct Answer

Option 4

Correct Answer

Explanation →

Q97:

21 May Shift 1

Macro

>

Medium

Q97:

₹700 million

₹800 million

₹900 million

₹1000 million

Correct Answer

Option 3

Correct Answer

Explanation →

Q98:

21 May Shift 1

Macro

>

Hard

Q98:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (II), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (IV), (C) - (III), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q99:

16 May Shift 1

Macro

>

Medium

Q99:

Russian embassy located in India

Indian embassy located in Japan

A cargo ship operated by a French parked in Vishakhapatnam

An army base operated by the USA in India.

Correct Answer

Option 2

Correct Answer

Explanation →

Q100:

16 May Shift 1

Macro

>

Medium

Q100:

(A), (C) and (D) only

(A), (B) and (C) only

(A), (B) and (D) only

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q101:

16 May Shift 1

Macro

>

Medium

Q101:

-700

700

850

-850

Correct Answer

Option 1

Correct Answer

Explanation →

Q102:

16 May Shift 1

Macro

>

Easy

Q102:

GNPMP is the value of all the final goods and services that are produced within the economic territory of India and is measured at the market prices, in a year.

GNPMP is the value of all the final goods and services that are produced by the normal residents of India and is measured at the market prices, in a year.

GNPMP is the value of the income earned by the factors in the form of wages, profits, rent, interest, etc., within the domestic territory of a country.

GNPMP is the market value of all final goods and services produced within a domestic territory of a country measured in a month.

Correct Answer

Option 2

Correct Answer

Explanation →

Q103:

16 May Shift 1

Macro

>

Medium

Q103:

Rs 3615 crore

Rs 3820 crore

Rs 3855 crore

Rs 3340 crore

Correct Answer

Option 3

Correct Answer

Explanation →

Q104:

16 May Shift 1

Macro

>

Medium

Q104:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (II), (B) - (III), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 3

Correct Answer

Explanation →

Q105:

15 May Shift 1

Macro

>

Medium

Q105:

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (III), (B) - (II), (C) - (IV), (D) - (I)

(A) - (III), (B) - (IV), (C) - (II), (D) - (I)

Correct Answer

Option 4

Correct Answer

Explanation →

Q106:

15 May Shift 1

Macro

>

Medium

Q106:

Add depreciation and add Net Factor Income From Abroad.

Subtract depreciation and add Net Indirect Taxes.

Add depreciation and subtract Net Factor Income From Abroad.

Subtract depreciation and subtract Net Factor Income From Abroad.

Correct Answer

Option 3

Correct Answer

Explanation →

Q107:

15 May Shift 1

Macro

>

Medium

Q107:

Gross investment

Net investment

Depreciation

Inventory investment

Correct Answer

Option 2

Correct Answer

Explanation →

Q108:

15 May Shift 1

Macro

>

Medium

Q108:

(D), (B), (C), (A)

(B), (C), (D), (A)

(B), (A), (D), (C)

(C), (B), (D), (A)

Correct Answer

Option 2

Correct Answer

Explanation →

Q109:

15 May Shift 1

Macro

>

Medium

Q109:

A car purchased by a taxi driver is a capital good.

A television purchased by a family is a capital good.

Copper used in making utensils is a capital good.

Computers purchased by an educational institution are intermediate goods.

Correct Answer

Option 1

Correct Answer

Explanation →

Q110:

15 May Shift 1

Macro

>

Medium

Q110:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q111:

15 May Shift 1

Macro

>

Medium

Q111:

Rs 2500

Rs 9000

Rs 11000

Rs 22000

Correct Answer

Option 2

Correct Answer

Explanation →

Q112:

14 May Shift 1

Macro

>

Medium

Q112:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q113:

14 May Shift 1

Macro

>

Medium

Q113:

(A), (B) and (D) only

(A), (B) and (C) only

(A), (B), (C) and (D)

(B), (C) and (D) only

Correct Answer

Option 1

Correct Answer

Explanation →

Q114:

14 May Shift 1

Macro

>

Medium

Q114:

Rs 4,200

Rs 2,200

Rs 4,000

Rs 2,000

Correct Answer

Option 4

Correct Answer

Explanation →

Q115:

14 May Shift 1

Macro

>

Medium

Q115:

Private Income.

National Disposable Income.

Gross Value Added.

Transferred Income.

Correct Answer

Option 2

Correct Answer

Explanation →

Q116:

14 May Shift 1

Macro

>

Easy

Q116:

Non-monetary exchanges

Externalities

Personal services

Social services

Correct Answer

Option 1

Correct Answer

Explanation →

Q117:

14 May Shift 1

Macro

>

Easy

Q117:

Wholesale Price Index

Consumer Price Index

Market price

Commodity Price

Correct Answer

Option 2

Correct Answer

Explanation →

Q118:

14 May Shift 1

Macro

>

Easy

Q118:

Rs. 200

Rs. 120

Rs. 50

Rs. 150

Correct Answer

Option 1

Correct Answer

Explanation →

Q119:

14 May Shift 1

Macro

>

Medium

Q119:

Personal Income

Gross National Income

Gross Domestic Product

National Income

Correct Answer

Option 4

Correct Answer

Explanation →

Q120:

14 May Shift 1

Macro

>

Easy

Q120:

Investment.

Capital

Depreciation

Consumption goods

Correct Answer

Option 3

Correct Answer

Explanation →

Q121:

14 May Shift 1

Macro

>

Easy

Q121:

Consumption, government spending, and domestic investment

Consumption, net exports and government spending

Consumption, government spending, domestic investment and net exports

Government spending, net exports and domestic investment

Correct Answer

Option 1

Correct Answer

Explanation →

Q122:

14 May Shift 1

Macro

>

Medium

Q122:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (C), (A), (D)

(C), (B), (D), (A)

Correct Answer

Option 3

Correct Answer

Explanation →

Q123:

14 May Shift 1

Macro

>

Medium

Q123:

Flow and stock variable

Flow variable

Stock variable

Constant variable

Correct Answer

Option 3

Correct Answer

Explanation →

Q124:

13 May Shift 2

Macro

>

Easy

Q124:

Whole Sale Price index.

Consumer Price Index.

Industrial Goods index.

Foodgrain Price Index.

Correct Answer

Option 1

Correct Answer

Explanation →

Q125:

13 May Shift 2

Macro

>

Easy

Q125:

Asset.

Expenditure.

Investment.

Aggregate Demand.

Correct Answer

Option 3

Correct Answer

Explanation →

Q126:

13 May Shift 2

Macro

>

Medium

Q126:

National Product.

Wholesale Price Index.

Consumer Price Index.

GDP deflator.

Correct Answer

Option 4

Correct Answer

Explanation →

Q127:

13 May Shift 2

Macro

>

Easy

Q127:

Measuring Wholesale price of commodities.

Basket of commodities bought by representative consumers.

Measuring Foodgrain Prices in economy.

Measuring Consumables Prices at a particular time point.

Correct Answer

Option 2

Correct Answer

Explanation →

Q128:

13 May Shift 2

Macro

>

Hard

Q128:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 4

Correct Answer

Explanation →

Q129:

13 May Shift 2

Macro

>

Medium

Q129:

Ex-post.

Ex-policy.

Ex-data.

Ex-ante.

Correct Answer

Option 4

Correct Answer

Explanation →

Q130:

13 May Shift 1

Macro

>

Medium

Q130:

(A), (B), (C), (D)

(A), (C), (B), (D)

(B), (A), (D), (C)

(C), (D), (A), (B)

Correct Answer

Option 3

Correct Answer

Explanation →

Q131:

13 May Shift 1

Macro

>

Medium

Q131:

(A), (B), (C), (D)

(A), (C), (B), (D)

(A), (D), (B), (C)

(A), (B), (D), (C)

Correct Answer

Option 3

Correct Answer

Explanation →

Q132:

13 May Shift 1

Macro

>

Easy

Q132:

Nominal GDP.

Inventory.

Inflation.

Real GDP.

Correct Answer

Option 4

Correct Answer

Explanation →

Q133:

13 May Shift 1

Macro

>

Medium

Q133:

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (III), (B) - (I), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Answer

Option 2

Correct Answer

Explanation →

Q134:

13 May Shift 1

Macro

>

Easy

Q134:

Consumer Price Index

Wholesale Price Index.

Capital Good Index.

Inflation.

Correct Answer

Option 1

Correct Answer

Explanation →

Q135:

13 May Shift 1

Macro

>

Easy

Q135:

(A), (B) and (D) only

(A) and (C) only

(A), (B) and (C) only

(B), (C) and (D) only

Correct Answer

Option 2

Correct Answer

Explanation →

Q136:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q136:

Household receives factor services from firms.

Household invests while firm saves.

Firms produce goods and services.

Household supplies factor services to Government.

Correct Answer

Option 3

Correct Answer

Explanation →

Q137:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q137:

0.9

1.1

1

0.8

Correct Answer

Option 2

Correct Answer

Explanation →

Q138:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q138:

(A), (C) and (E) only

(B), (C) and (D) only

(B), (D) and (E) only

(C), (D) and (E) only

Correct Answer

Option 3

Correct Answer

Explanation →

Q139:

CUET Economics 2024 Slot 1

Macro

>

Easy

Q139:

Real Interest Rate $\times$ Inflation Rate

Real Interest Rate $-$ Inflation rate

Real Interest Rate $/$ Inflation rate

Real Interest Rate $+$ Inflation rate

Correct Answer

Option 4

Correct Answer

Explanation →

CUET Economics Macro > National Income PYQs

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