List of top Questions asked in CUET (PG)

Mr Tokai is very particular in how he makes his coffee. He is completely inflexible in that he can only take 1 teaspoon of coffee with 2 teaspoons of sugar. Any more coffee or sugar given to him is discarded in his quest for the perfect coffee. Suppose you give him 9 teaspoons of coffee and 2 teaspoons of sugar. How many cups of coffee can he create from this?

A utility maximizing consumer has a utility function given by \(U(X,Y)=2X+Y\). He has a budget constraint given by \(X+2Y=10\). In equilibrium he purchases:

Stagflation describes a situation of:

Transfer pricing refers to:

If a group of countries abolish trade barriers between themselves and set common tariffs for other countries, this is known as:

Suppose a small country imposes an import tariff on a good. Which of the following statements is false?

Which of the following are instruments of trade policies?
(A) Tariffs
(B) Quotas
(C) Sales taxes
(D) Anti-dumping duties
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Match List-I with List-II:

List-I(Pricing Strategies)		List-II(Type of Price Dis crimination)
A	Locating individual consumers and charging each of them a unique price	I	Bundling
B	Dividing consumers into two markets with different elasticities and charging separate unique prices	II	Second degree price discrimi nation
C	Including extra units of another good with the main good sold and charging the consumer a higher price	III	First degree price discrimi nation
D	Charging customers a different price depending on day of the week	IV	Third degree price discrimi nation

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Which of the following statements are correct?
(I) Monopolistic firms face a horizontal market demand curve
(II) Perfectly competitive firms sell differentiated products
(III) Output of one Cournot duopoly firm depends on the output of the other firm
(IV) Monopolistic firms do not have a supply curve
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Match List-I with List-II:

List-I(Scenarios)		List-II(Type of Externality)
A	Apple farmer who has his orchard next to a beekeeper	I	Positive Consumption
B	Villages downstream from a manufacturing plant	II	Negative Consumption
C	An unvaccinated family living next door to a family who has received the COVID-19 vaccination	III	Positive Production
D	Rice farmer who has his field next to a chemical plant	IV	Negative Production

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What does a bank do if there are no excess reserves?

Why is the Phillips curve negatively sloped?

Which of the followings are correct in the context of inflation?
(A) Higher aggregate demand may lead to demand-pull inflation.
(B) Higher cost of production may lead to cost-push inflation.
(C) Higher international food and fuel prices may lead to inflation.
(D) Higher indirect taxes and lower subsidy may lead to inflation.

Arrange the following rates in ascending order.
(A) Repo Rate
(B) Lending Rate
(C) Deposit Rate
(D) Reverse Repo Rate

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?

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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