List of top Questions asked in CUET (UG)

Ex-post is depicted by which of the following ........

Currency notes and coins are called:

Match List-I with List-II \[ \begin{array}{|c|l|c|l|} \hline \textbf{List-I} & & \textbf{List-II} & \\ \hline (A) & \text{Cash Reserve Ratio (CRR)} & (I) & \text{Central Bank of the Country} \\ \hline (B) & \text{Statutory Liquidity Ratio (SLR)} & (II) & \text{The interest rate at which the money is lent by Central Bank} \\ \hline (C) & \text{Lender of last resort} & (III) & \text{Percentage of deposits which must be kept as cash reserves with the Central Bank} \\ \hline (D) & \text{Repo Rate} & (IV) & \text{Reserves in liquid form in the short term} \\ \hline \end{array} \]

Money deposited in the banks are considered __________ of the banks.

Among the following, which are the functions of money? (A) Medium of exchange.
(B) Unit of account.
(C) Bartering.
(D) Store of value.

When goods and services are evaluated at constant prices, the measured value is known as ........

Match List-I with List-II: \[ \begin{array}{|c|l|c|l|} \hline \textbf{List-I} & & \textbf{List-II} & \\ \hline (A) & \text{Gross Domestic Product at Market Price} & (I) & NDP_{MP} - \text{Net Product Taxes} - \text{Net Production Taxes} \\ \hline (B) & \text{Net Domestic Product at Factor Cost} & (II) & GVA \text{ at basic prices} - \text{Net Production Taxes} \\ \hline (C) & \text{GVA (Gross Value Added) at factor cost} & (III) & C + I + G + (X - M) \\ \hline (D) & \text{Gross National Product at Factor Cost} & (IV) & GNP_{MP} - \text{Net Product Taxes} - \text{Net Production Taxes} \\ \hline \end{array} \]

The index of prices of a given basket of commodities which are bought by the representative consumer is known as:

To measure consumer price index (CPI) which of the following years are taken into consideration? (A) Current Year.
(B) Preceding Year.
(C) Base Year.
(D) Succeeding Year.

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 ......

Who is the author of "The General Theory of Employment, Interest and Money"?

Which of the following is an example of floor price?

Suppose an individual buys 30 bananas when its price is ₹10 per banana. When the price increases to ₹14 per banana, she reduces her demand to 24 bananas. In this case, what will be the price elasticity of demand?

How does technological progress affect the firms' supply curve?

Which of the following conditions must hold for a firm to maximise its profit? (A) Price = Short run marginal cost
(B) Short run marginal cost curve is non-decreasing
(C) Price \(\leq\) Marginal cost
(D) Price \(\geq\) Average variable cost

The point on the supply curve at which a firm earns only normal profit is called ..........

Marginal cost curve intersects average cost curve at ..........

Shape of Average Fixed Cost (AFC) curve is ..........

The change in total cost per unit of change in output is known as ............

Consider the production function \(q = f(x_1, x_2)\) where the firm produces \(q\) amount of output using \(x_1\) amount of factor 1 and \(x_2\) amount of factor 2. The firm decides to increase the employment level of both factors by \(t\) (\(t>1\)). Identify the equation for decreasing returns to scale from the following:

............... of an input is defined as the change in output per unit of change in the input when all other inputs remain constant.

The difference between the revenue and cost is known as ...............

In the long run ..................

Match List-I with List-II: \[ \begin{array}{|c|l|c|l|} \hline \textbf{List-I} & & \textbf{List-II} & \\ \hline (A) & \text{Relationship between the variable input and output.} & (III) & \text{Law of Variable Proportions} \\ \hline (B) & \text{Output per unit of variable input.} & (I) & \text{Average Product} \\ \hline (C) & \text{Change in output per unit of change in the input.} & (II) & \text{Marginal Product} \\ \hline (D) & \text{The marginal product of a factor input initially rises with its employment level.} & (IV) & \text{Total Product} \\ \hline \end{array} \]

The relation between the consumer’s optimal choice of the quantity of a good and its price is called?