List of top Economics Questions asked in CUET (UG)

Among the following expenditures one expenditure comes under capital expenditure, choose the correct option.

Identify the source/example of Portfolio Investment being part of Capital Account item of Balance of Payments.

Which among the following is the closest example of a socialist society at present?

Match List - I with List- II.

List - I	List - II&
(A) Current Account Surplus	(I) Export of invisibles - Import of Invisibles
(B) Balanced Current Account	(II) Receipts \(>\) Payments
(C) Net Invisibles	(III) Receipts = Payments
(D) Current Account Deficit	(IV) Receipts \(<\) payments

Choose the correct answer from the options given below:

Identify the central problem of an economy which is concerned with distribution of output in the economy.

All those who are engaged in economic activities in whatever capacity-high or low are workers. In context of this, identify the correct statements
A) Even if some of them temporarily abstain from work due to illness injury or other physical disability or religious functions, bad weather etc are also workers
B) Workers don't include all those who help the main worker in these activities
C) Those who are self employed are also workers
D) Self employed are not workers
E) Mother teaching her own son is an economic activity
Choose the correct answer from the options given below:

Match List - I with List- II.

List - I	List - II
(A) Autonomous transaction	(I) Current Account
(B) Appreciation	(II) Import of petroleum
(C) Managed floating	(III) Price of domestic currency increases
(D) Purchase of machinery	(IV) Central Bank intervenes

Choose the correct answer from the options given below:

Calculate the Gross Domestic Product at market price for the data given below.

	₹
\(NNP_FC\)	380
Normal wear and tear	40
Subsidies (Net)	40
Intermediate Cost	120
Net factor income to Abroad	(-20)

Match List - I with List- II.

List - I	List - II
(A) MPC	(I) \(\frac{1}{(1-MPC)}\)
(B) AD	(II) \(\frac{\Delta c}{\Delta y}\)
(C) K	(III) C+1
(D) If MPC = 0	(IV) K=1

Choose the correct answer from the options given below:

Arrange the following in order of occurrence
A) Planning Commission set up
B) Second five year plan
C) Devaluation of Rupee
D) Village and small scale industries committee
E) Niti Ayog
Choose the correct answer from the options given below:

The process of selling off part of equity of PSE is called:

One of the following function is performed by the government it if intervenes either to expand demand or to reduce it. Select the correct answer.

Choose right statement of flows :

Arrange the correct sequence according to the year of Establishment/Commencement.
(A) Niti Aayog
(B)First five year plan
(C) Planning Commission
(D) Period of Plan holiday
(E) Foundation of British colonial rule in India
Choose the correct answer from the options given below:

Based on following paragraph answer the question:
Goods and service tax is the single comprehensive indirect tax implemented on July 1, 2017. It is a destination based tax that has Input Tax Credit in the supply chain. GST is applicable throughout the country.
GST is considered the biggest tax reform since independence. It is implemented through 101th Constitutional Amendment Act.
The aim of GST is to reduce the cost of business operations and cascading effect of various taxes. By implementing GST it is expected that GDP will rise by about 2%. Compliance will also be easier as all tax payment related services are available online through a common portal. GST has expanded the tax base and introduced higher transparency in the taxation system.

Identify the type of merger in which the two companies are producing different goods and services for one specific finished product.

Which statement is correct in the context of revenue from customs duties as mandated by the Constitution?

Match LIST I with LIST II

LIST I		LIST II
A	Tea and Coffee	I	Complementary goods
B	Car and Fuel	II	Inferior goods
C	Low grade cereal food	III	Substitute goods
D	Good quality wheat	IV	Normal good

Choose the correct answer from the options given below

Choose the correct pair of statements from given Column I and column II Match Column - I with Column -

Column - I		Column - II
A	Human development	I	Treats human beings as mewls too increase productivity
B	Human capital	II	Education and health are integral to human well-being
C	On the job training	III	Source of human capital
D	Physical Capital	IV	Tangible and can be easily sold in the market

Choose the correct answer from the options given below

Chronologically arrange the development path of china.
(A) Great Proletarian Cultural Revolution 
(B) Establishment of People's Republic of China 
(C) Introduction of reforms 
(D) Announcement of first Five Year Plan 
(E) Great Leap Forward campaign 
Choose the correct answer from the options given below:

The ratio of total deposits that a commercial bank has to keep with RBI is called:

Suppose the price elasticity of demand for a good is (-)1. At a price of ₹4 per unit, demand for the good is 40 units. Suppose the price of the good increases to ₹6 per unit, and as a result, the demand for the good will be_____

A consumer wants to consume two goods X and Y. The price of the goods are ₹2 per unit and ₹5 per unit respectively and his income is ₹30. What will be the slope of the budget line?

In the given figure what will happen to aggregate demand curve (AD) when autonomous investment increases.