List of top Questions asked in CUET (UG)

When governments intervene in the market to expand or reduce the demand, this course of action is ........

The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?

Arrange the following steps of estimation of National Income by income method in the proper sequence: (A) Identification and classification of producing firms.
(B) Estimation of NDP\textsubscript{FC}.
(C) Estimation of NNP\textsubscript{FC}.
(D) Classification of factor income.

Arrange the following conditions from most to least liquid form: (A) Currency + Demand Deposit + Savings deposits with Post Office savings banks.
(B) Currency + Demand Deposit + Net time deposits of commercial banks + Total deposits with Post Office savings organizations.
(C) Currency + Demand Deposit.
(D) Currency + Demand Deposit + Net time deposits of commercial banks.

Suppose an Indian manufacturer of steel acquires a steel manufacturing unit in Europe. This type of transactions are recorded in which of the following?

In deficit condition of Balance of Payment if the central bank sells foreign exchange then this particular transaction is known as ........

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

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

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

Currency notes and coins are called:

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

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?

Which of the following is an example of floor price?

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

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 ......

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.

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

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

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

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

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

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

How does technological progress affect the firms' supply curve?

Find the correct statement/statements. (A) Goods which are consumed together are called complementary goods.
(B) The market demand curve can be derived as a vertical summation of the individual demand curves.
(C) Price elasticity of demand is a measure of the responsiveness of the demand for a good to changes in its price.
(D) If the consumer’s preferences change in favor of a good, the demand curve for such a good shifts leftward.