List of top Economics Questions asked in CUET (UG)

Which of the following are correct statements ?
(A) Marginal Utility is the change in Total Utility due to consumption of one additional unit of commodity.
(B) Two Indifference Curves intersect each other.
(C) Marginal Utility becomes Zero at a level when Total Utility remains constant.
(D) Diminishing Marginal Rate of Substitution does not affect Indifference Curve.
(E) Indifference Curve slopes downwards from left to right.
Choose the correct answer from the options given below :

______ is a market where economic agents can freely exchange their endowments with each other.

Match List-I with List-II:

List-I (Elements)		List-II (Features)
A	Annual Financial Statement	(I)	Create liabilities or reduce financial assets
B	Capital Receipts	(II)	Trade surplus
C	Capital Payment	(III)	Main budget document
D	Export \(>\) Import	(IV)	Create financial assets or reduce liabilities

Identify the correct set of statements.
(A) Ex Ante Saving represents what is actually planned to save.
(B) Ex Post Saving represents what is actually planned to save.
(C) Ex Post Saving depicts what has actually happened.
(D) Ex Ante Post Saving represents what is actually saved.
Choose the correct answer from the options given below :

Identify the correct statement in the context of Circular Flow of Income in a two-sector economy:

European Monetary Union was created in __________.

During festive season, the currency deposit ratio _____________ .

When there is unexpected rise in the sales ___________ .

During the 1980s, Pakistan's growth rate improved due to which of the following reasons?

Second phase of the Green Revolution is termed from:

Match List-I with List-II:

List-I		List-II
A	Great Leap Forward	(I)	Protecting the future generation
B	Mao Zedong	(II)	Aimed at industrialising the country on a massive scale
C	Brundtland Commission	(III)	Introduced the Great Proletarian Cultural Revolution
D	Our Common Future	(IV)	Seminal Report that explained sustainable development as meeting the basic needs of all for a better life

The Great Leap Forward (GLF) campaign was initiated in __________ .

Government of India enacted the Right to Education Act in 2009 to make free education a Fundamental Right of all children in the age group of _____ years.

__________ implies that resource extraction is not above the rate of regeneration of resources and the wastes generated are within the assimilating capacity of the environment.

Choose the correct chronological sequence in ascending order (earliest to latest) :
(A) Establishment of NABARD
(B) FRBMA (Fiscal Responsibility and Budget Management Act)
(C) Third Five Year Plan
(D) Nationalization of RBI

Casualization of workforce would result in:

All those elements which create liability and decrease the assets of government are known as :

Under flexible exchange rate, when the price of domestic currency in terms of foreign currency increases, it is called_______

Article 112 of the Indian Constitution deals with:

Which of the following is not a function of a Central Bank?

Arrange the following elements in correct chronological sequence (earliest to latest):
(A) Smithsonian Agreement
(B) Bretton Woods Conference
(C) Establishment of WTO
(D) Gold Standard
Choose from the options given below:

Match List-I with List-II:

List-I		List-II
A	Bank Rate	(I)	Securities are pledged in order to repurchase
B	Marginal Standing Facility	(II)	Minimum rate at which funds are provided for long term
C	Repo Rate	(III)	Also known as Penal Interest Rate
D	Reverse Repo Rate	(IV)	Central Bank borrows funds from commercial banks

Which of the following statements are true ?
(A) Quantitative tools control the extent of money supply by changing the CRR.
(B) There are two types of open market operations – outright and upright.
(C) A fall in the bank rate can decrease the money supply.
(D) Selling of a bond by RBI leads to reduction in quantity of reserves.
(E) The RBI can influence money supply by changing the rate at which it gives loan to the commercial
banks.
Choose the correct answer from the options given below :

_______________ depicts what has actually happened?

An economy has a trade surplus of 25 billion dollars and an overall current account deficit of 47 billion dollars. What will be the balance of invisibles for this economy?