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

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

Choose the correct answer from the options given below

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	\(1\)

Choose the correct answer from the options given below

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.

Choose the correct answer from the options given below

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

Arrange the followings in a correct order.
(a) Procurement of foodgrains by the food corporation of India.
(b) Production of foodgrains in the agricultural sector.
(c) Distribution of foodgrains through fair price shops.
(d) Minimum support prices for foodgrains are decided.

Match List-I with List-II:

List-I(Characteristics)		List-II(Stages)
A	High Birth Rate and High Death Rate	I	Stage I
B	Low Birth Rate and High Death Rate	II	Stage II
C	High Birth Rate and Low Death Rate	III	Stage III
D	Low Birth Rate and Low Death Rate	IV	Not a part of this model

Choose the correct answer from the options given below

Match List-I with List-II

List-I(Economic Concepts)		List-II(Description)
A	Kuznets Curve	I	Describes the relationship be tween currency depreciation and current account balance
B	Fisher Effect	II	Describes the relationship between autonomous investment and output
C	J Curve Effect	III	Describes the relationship between income and inequality
D	Multiplier Effect	IV	Describes the relationship between expected inflation rate and interest rate

Choose the correct answer from the options given below

Tax holidays and cash grants are examples of

Services such as the provision of clean air and national security are considered to be:

In a 2x2 general equilibrium model of exchange with goods X and Y and two consumers 1 and 2, both of whom have a weakly positive endowment of X and Y. In the exchange equilibrium, we know that:

In the table below, firm 1 and firm 2 can cooperate to share market profits or compete with each other. The figures in the cells represent the profits in crores of INR. They can either cooperate with each other where they share INR 10 crores equally. Alternatively, they can compete, which lowers the market output to INR 4 crores, which they share equally. If one of the firms competes while the other cooperates, the former obtains INR 10 crore of profit while the other makes zero profit. In equilibrium, firm A and firm B should respectively:

Firm 2	Cooperate	Compete
Firm 1	5, 5	0, 10
Compete	10,0	2, 2

Match List-I with List-II:

List-I(Works)		List-II(Authors)
A	Theory of Moral Sentiments	I	J.M. Keynes
B	Theories of Surplus Value	II	J.S. Mill
C	General Theory	III	Adam Smith
D	On Liberty	IV	Karl Marx

Choose the correct answer from the options given below

Which of the following statements are true in case of public goods?
(a) Public goods are non divisible.
(b) Public goods are non excludable.
(c) Whatever government purchases is called Public good.
(d) Whatever the public consumes is called public good.

Assuming \( x \) is a whole number greater than or equal to 2, arrange the above four in decreasing order, with the largest first and smallest last:
(a) \(\frac{1}{x}\)
(b) \(\frac{1}{x^2}\)
©  \(\frac{1}{1+x}\)
(d)  \(\frac{1}{(1+x)^2}\)

Suppose X takes the values -10 and 20 with probability 1/4 and 3/4 respectively, calculate E[X²].

If \(Y=20+10X\), then \(Var[Y]\) is

Let \(Y=exp(a+bX)\), where a and b are constants. Calculate \(\frac{dX}{dY}\)​.

The relationship between a country's per capita income and its inequality of income distribution is known as