List of top Questions asked in CUET (PG)- 2024

What would happen to the rate of interest, in new equilibrium, if the money supply rises in the Mundell-Fleming model under the flexible exchange rate and absolutely free capital mobility, if the international interest rate remains the same?

Tax holidays and cash grants are examples of

If the expected rate of return from the investment projects in India be 10% per annum, and if the exchange rate becomes Rs.88 per USD from Rs.80 per USD in one year, what would be the expected amount of profit in terms of US Dollar from an investment project of 100 Million USD in India from the point of view of an investor from the USA?

Match List-I with List-II:

List-I		List-II
A	Money supply is exogenously given.	I	Post-Keynesian school
B	Money supply is demand driven and credit led.	II	Say’s law
C	Rational expectation.	III	Monetarism
D	Supply creates its own demand	IV	Neo-classical school

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The existence of purchasing power parity in an open economy implies that
(A) The purchasing power of individuals depends on inflation rate
(B) The exchange rate between two countries' currency is equal to the ratio of their price levels
(C) Law of one price holds
(D) The price levels of all countries are equal when measured in terms of the same currency
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If the GDP of an economy be Rs.100 and the autonomous aggregate investment and ex-post aggregate saving be Rs.30 in equilibrium, what would be the aggregate saving in equilibrium in that economy if the aggregate investment remains at Rs.30 and the average saving propensity increases from 30% to 40%?

The GDP of an economy is Rs.100 crores. The aggregate saving is Rs.30 crores. If the autonomous aggregate investment rises from Rs.30 crores to Rs.45 crores, ceteris paribus, what would be the GDP in that economy in the new equilibrium?

What would be the slope of the LM curve in the interest rate-income plane, if the rate of interest is exogenously determined by the Central bank?

Arrange the following statements based on Keynesian theory.
(A) Level of aggregate income rises in Keynesian world.
(B) Aggregate Saving as a function of GDP rises.
(C) Government expenditure rises.
(D) Fiscal deficit rises, given revenue receipts.

Arrange the followings in a correct order.
(A) Employment and income come down.
(B) Investment demand comes down.
(C) Demand-pull inflation rate comes down.
(D) Repo rate or policy interest rate rises.

Which of the following statements hold true when steady state is attained in the Solow Model?
(A) Capital-Labour ratio does not change
(B) Depreciation does not change
(C) Income per capita does not change
(D) Inequality does not change
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Match the measures with the concept that is being measured

List-I(Indicators)		List-II(Description)
A	Gini Coefficient	I	Measures the wearing out of capital
B	GDP Deflator	II	Measures poverty
C	Head Count Ratio	III	Measures changes in price level
D	Depreciation	IV	Measures inequality

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What would be the slope of the labour supply curve if there is large scale involuntary unemployment in the economy, if wage rate is measured along the vertical axis and labour supply is measured along the horizontal axis?

Which of the following statements are valid assumptions of the Ordinary Least Squares regression model?
(A) Expected value of the error term is zero
(B) Heteroskedasticity
(C) The model is linear in parameters
(D) Autocorrelation
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In a Poisson distribution, the probability mass function is given by: \(\rho(x) = \frac{e^{-2}(2)^3}{3!},\) the mean value is:

Which of the following statements reflects a property of the t distribution?
(A) It ranges from -∞ to +∞
(B) Its mean is the average of X
(C) It ranges from 0 to +∞
(D) It does not vary with the change in degrees of freedom
Choose the correct answer from the options given below:

Match List-I with List-II

List-I(Statistical Concepts)		List-II(Description)
A	Power of a test	I	1- probability of making type II error
B	Multicollinearity	II	Where the sample mean differs from the population mean
C	Biased estimator	III	Correlation between explanatory variables in a regres sion
D	White noise error	IV	Errors with zero mean and constant standard deviation

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If Y = F(L,K) is a linear homogeneous production function, then multiplying all inputs by a constant factor α = 2 results in output increasing by a factor of:

Match List-I with List-II:

List-I		List-II
A	\( y = ln(x)\)	I	\(\frac{1}{x}\)
B	\(y=\frac{x^2}{4}\)	II	\(3x^2\)
C	\(y=x^3\)	III	\(\frac{x}{2}\)
D	\(y=x+1\)	IV	\(1\)

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The current account balance in an open economy:

Which of the following is not a part of the national income?

Arrange the following events in chronological order
(A) New Economic Policy - Liberalisation
(B) Drain of Wealth
(C) White Revolution
(D) Monopolies Inquiry Commission

Which statutory body determines the criteria for tax devolution from the divisible pool to the States in India?

Match List-I with List-II:

List-I		List-II
A	Fiscal Deficit	I	Import minus export of goods and services.
B	Primary Deficit	II	Revenue expenditure minus revenue receipt.
C	Revenue Deficit	III	Fiscal deficit minus interest payment.
D	Current Account Deficit	IV	Capital expenditure plus revenue deficit.

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Order the following country on the basis of nominal per capita income in year 2022, from the highest to lowest.
(a) China
(b) Brazil
(c) Russia
(d) India