List of top Questions asked in CUET (UG)

Which of the following is a stock concept?
The concept of sustainable development was emphasised by the:
In an Economy, the value of multiplier is 4 times, and autonomous consumption is ₹30 crore. The relevant consumption function for this economy would be:
In an economy, the consumption function is C=500+0.75Y. Calculate equilibrium level of income, when investment expenditure is ₹ 5,000.
Arrange the following events related to pre-independent India in the sequence of their happening in ascending order.
A) Introduction of railways
B) Establishment of Tata Airlines
C) Incorporation of Tata Iron and Steel company
D) Opening of Suez Canal
Choose the correct answer from the options given below:
If autonomous receipts are less than autonomous payments, the balance of payments of an economy will be ____________
Consider the following as steps in the estimation of National Income of an economy by product value added method. Arrange them in proper sequence.
A) Add net factor income from abroad (NFIA).
B) Calculate cost of secondary inputs of all the sectors.
C) Determine Net Value added at factor cost.
D) Determine Gross Value Added.
E) Calculate value of output of all the sectors.
Choose the correct answer from the options given below:
Match List - I with List- II.
List - IList - II
(A) Barter Exchange(I) Medium of Exchange
(B) Money Supply(II) MI
(C) Function of Money(III) Goods for Goods
(D) Measure of Money Supply(IV) Stock Concept

Choose the correct answer from the options given below:
From the given infrastructures, identify which is a social infrastructure.
There are two goods, Good X and Good Y. Suppose there is an increase in the price of Good X and decrease in the price of Good Y simultaneously. Choose the correct diagram that shows its effect.
Under the Union Budget 2022, Government during the budget announced to impose higher taxes on the people earning more than two crore rupees and use that money in providing LPG cylinder subsides to poor people under Ujjawala yojana. Which objective of Government budget is achieved?
Identify the type of poverty represented by the following figure.
In Pakistan most of the foreign exchange earning come from one among the following. Choose the correct option.
Consider the following factors related to estimation of national income by various methods for an economy.
A) Net Investment Gross = Domestic Investment – Depreciation
B) Intermediate consumption is excluded to avoid the problem of double counting
C) Net indirect taxes = Indirect Taxes – Subsidies
D) Stocks are measured over a period of time
E) NNP at factor cost = \(NNP_{MP}\) – Net factor income from Abroad
Choose the correct answer from the options given below:
Match List - I with List- II.
List - IList - II
(A) Normal goods(I) These goods are consumed together
(B) Inferior goods(II) Demand for the good decreases as income of the consumer increases
(C) Substitute goods(III) These goods are used in place of each other
(D) Complementary goods(IV) Demand for the good increases as income of consumer increases

Choose the correct answer from the options given below:
Identify the statement which is incorrect about GST?
Arrange in order of following events in China and Pakistan.
A) Economic reforms in Pakistan
B) Great leap forward in China
C) Nationalisation of capital goods industries in Pakistan
D) Policy orientation and denationalisation of industries in Pakistan
E) Economic reforms in China
Choose the correct answer from the options given below:
Identify the statement that correctly relates to human capital.
A) It is based on the idea that education and health are not integral to human well-being.
B) It considers education and health as a means to increase labour productivity.
C) It treats human beings as a means to an end (increase in productivity).
D) It considers any investment in health and education as unproductive if it does not merease output of goods and services.
E) It considers human beings as ends in themselves.
Choose the correct answer from the options given below:
Which of the following are components of Current Account in the balance of payments?
A) Export of goods
B) Investments
C) Import of goods
D) Net factor income
E) Transfer payments
Choose the correct answer from the options given below:
In the Balance of Trade, Non-factor Income like banking and tourism is considered as :
Assuming aggregate supply perfectly elastic and AD curve downward sloping then, under the circumstances aggregate output is determined solely by the level of aggregate demand. This is known as :
Indian System of Medicine (ISM) doesn't include :
Arrange the following in sequence of their adoption/establishment.
(A) Establishment of General Agreement on Trade and Tariff (GATT)
(B) World Trade Organisation
(C) New Economic Policy
(D) Goods and Service Tax (GST)
Choose the correct answer from the options given below :
Match List-I with List-II.
List - IList - II
(A)Visible Items(I)Consultancy Service hired from China
(B)Capital Transfer(II)Loan received by Central Government from State Government
(C)Invisible Items(III)Grants received from World Bank
(D)Unilateral Transfers(IV)Purchase of goods from japan
Choose the correct answer from the options given below :
Among the following which option is included in Social Infrastructure ?