List of top Economics Questions asked in CUET (UG)

What is the likely effect on the demand for a good when the price of its substitute increases?
Which of the following is a potential benefit of a fixed exchange rate system?
Which of the following would be classified as a revenue expenditure of the government?
A bank receives reserves of ₹100. If the CRR is 20%, what is the maximum total deposit that can be created in the system?
What happens if input prices increase?
Arrange the following steps in the correct sequence when RBI sells government bonds in the open market:
(A) The money supply in the economy decreases.
(B) Banks have fewer reserves available for lending.
(C) Private individuals or institutions buy the bond from RBI.
(D) The payment made to RBI reduces reserves in the banking system.
Choose the correct answer from the options given below:
What is the primary impact of a country devaluing its currency on its exports and imports?
Which of the following best explains why a country might impose tariffs on imported goods?

The following data represents the income of a country for a year: 

Calculate the National Income (NI) of the country.

If the value of the Investment Multiplier is 5 and the increase in national income is ₹800 crore, what is the corresponding increase in investment?
The Paradox of Thrift refers to:
Which of the following statements about monetary policy tools is correct?
Fiscal deficit is defined as:
The narrow measure of money supply is known as:
If the value of the investment multiplier is 5, and the increased income is ₹800 crore, find the change in investment.
Arrange the following items in correct sequence :
(A) Competition Act
(B) FEMA
(C) FERA
(D) MRTP
Choose the correct answer from the options given below :
Paradox of Thrift implies:
If the domestic income of an economy is 2500 crores, the factor income from abroad is 300 crores, the consumption of fixed capital is 150 crores and Net National Product at factor cost is 2400 crores, then the Factor income paid to abroad will be:
Following are the sources of electricity generation in India. Arrange them in correct sequence on the basis
of total power generation capacity (higher to lower) :
(A) Nuclear
(B) Thermal
(C) New and renewable energy
(D) Hydro
Choose the correct answer from the options given below :
How will the purchase of Rafael planes by India from France be recorded in the balance of payments account?
The Government of India reduced its defence budget expenditure to increase its health budget expenditure during the COVID pandemic. Which objective of the budget was the government trying to achieve through this step?
The consumption function in an imaginary economy is known to be C = 100 + 0.75Y. The level of equilibrium income in this economy is 800 crores. What will be the value of investment in this economy?
Which of the following statements is correct about the informal sector?
Which of the following activity contributes maximum to the generation of GDP?
The distribution of workforce in different sectors indicates that over the last five decades (1972-2018), people have moved from self-employment and regular salaried employment to casual wage work. What is this process called?