Q1:
2023: 29 May Shift 2
Micro
Introduction
Easy
How will the earthquake in Turkey affect the production possibility curve of their economy?
Correct Answer
Option 2
Correct Answer
CUET Economics: MicroIntroduction. Free, no login required.
Q2:
2022: 30 Aug Shift 2
Micro
Introduction
Easy
Which of the following is part of Microeconomics ?
Correct Answer
Option 3
Correct Answer
Q3:
2022: 30 Aug Shift 2
Micro
Introduction
Easy
Problem of for whom to produce is related to _______.
Correct Answer
Option 4
Correct Answer
Q4:
2022: 30 Aug Shift 2
Micro
Introduction
Medium
Match List - I with List - II.
| List - I | List - II |
|---|---|
| (A) Centrally planned economy | (I) Depends on demand and supply forces |
| (B) Mixed economy | (II) Economic problem |
| (C) Market economy | (III) Socialist economy |
| (D) Problem of choice | (IV) Public and Private sector |
Choose the correct answer from the options given below :
Correct Answer
Option 4
Correct Answer
Q5:
2022: 10 Aug Shift 2
Micro
Introduction
Medium
The Central problems of an economy that relate to the question 'what to produce and in what quantities, does not deal in :
Correct Answer
Option 1
Correct Answer
Q6:
2022: 19 July Shift 2
Micro
Introduction
Easy
A hypothetical economy has a piece of land which, in order of priority, can be used for building a school, a hospital, a factory and a residential complex. What is the opportunity cost of choosing the best alternative ?
Correct Answer
Option 2
Correct Answer
Q7:
2022: 16 July Shift 2
Micro
Introduction
Easy
The main issues of an economy are:
Correct Answer
Option 1
Correct Answer
Q8:
2022: 15 July Shift 2
Micro
Introduction
Easy
Match List I with List II
| List I: Economic issue | List II: Refers to |
|---|---|
| A. Scarcity | I. Based on facts |
| B. Normative statement | II. Central problem of an economy |
| C. Positive statement | III. Problem of choice |
| D. What to produce | IV. Based on value judgment |
Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer