List of top Economics Questions asked in CUET (UG)

Both India and Pakistan, have many similarities in the context of various economic policies. Identify the similarities.
(A) Both the economies have adopted mixed economy
(B) Both the countries have adopted reforms near to 1990s
(C) Both countries got independence from France
(D) Both countries uses collective ownership of Land
(E) Both countries have NITI Ayog
Choose the correct answer from the options given below :
As per New Economic Policy, in Export Oriented Policy strategies in agriculture, there has been a shift of production from domestic market to export market which leads to :
Cash Reserve Ratio (CRR) is :
Match List-I with List-II.
List - IList - II
(A)Appiko(I)The Bruntland Commission
(B)Central Pollution Control Board(II)Neem trees
(C)Protecting the future generation(III)Karnataka
(D)Biopest Control(IV)1974
Choose the correct answer from the options given below :
Study the following statements related to Women's Health in India and identify the correct statements pertaining to it.
(A) The increase in Child Sex ratio during 2001 - 2020
(B) In India married women in its age group of 15 - 49 have iron deficiency
(C) Abortions are not the reason for martial morbidity
(D) Girls below aged 15 years are married and have atleast one child
(E) Iron deficiency do not cause maternal death
Choose the correct answer from the options given below :
Identify the programme initiated by China that aimed at industrialising the country on a massive scale :
Identify the sequence of various approaches adopted by the Indian Government towards the development of the economy :
(A) Commencement of economic planning
(B) Giving greater role to public sector in nation building process
(C) Establishment of NABARD
(D) Change in outlook from ‘Inward’ to ‘Outward’
(E) Adoption of LPG Policy
Choose the correct answer from the options given below :
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 :
In the Balance of Trade, Non-factor Income like banking and tourism is considered as :
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 :
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 :
If the GDP of a country is rising, what will be its effect on welfare ?
Match List - I with List - II
List - IList - II
(A)Raw Material(I)Capital Goods
(B)Machines used in Production(II)Final Goods
(C)Bread used by a Consumer(III)Intermediate Goods
(D)Services used by Consumer(IV)Consumer Goods
Choose the correct answer from the options given below :
Arrange the following elasticities of demand in increasing order.
(A) Elastic Demand
(B) Perfectly Elastic Demand
(C) Inelastic Demand
(D) Unitary Elastic Demand
(E) Perfectly Inelastic Demand
Choose the correct answer from the options given below :
As per the report of German Bank (Deutsche Bank) India will grow very fast in the following years mainly because of :
Choose the correct feature of indifference curve from the following :
Which among the following have helped in the empowerment of women ?
Match List - I with List - II
List - IList - II
(A)Utility(I)Which can be expressed in number
(B)Cardinal Utility(II)Change in total utility due to additional consumption
(C)Marginal Utility(III)Wants satisfying power of a commodity
(D)Ordinal Utility(IV)Which cannot be expressed in quantitative term
Choose the correct answer from the options given below :
Identify the maximum value of Marginal Propensity to Save :
In Balance of Trade Account, imports are entered as :
Identify the incorrect statement in the context of circular flow of Income:
(A) Household provides factor services to firms
(B) Household receives goods & services from firms
(C) Firms receives factor payments from households
(D) Factor services includes : land, labour, Capital and Entrepreneur
(E) In a simple economy, there are three sectors : Household, Firms & Government
Choose the correct answer from the options given below :
\(\bar{C}\) in consumption function is not known as :
Identify the correct statement :
(A) ‘Medium of exchange’ is the secondary function of money.
(B) In case of a bank, assets are loans given to the public.
(C) Commercial Banks are the type of institutions which are a part of the money creating system of the economy.
(D) Commercial Banks are said to be the ‘Lender of the last resort’.
(E) RBI sells securities in the open market to decrease the money supply.
Choose the correct answer from the options given below :
In August 2005, parliament passed a new Act to provide guaranteed wage employment to every rural household whose adult volunteer can do unskilled manual work for a minimum of 100 days in a year. This Act is known as :