List of top Economics Questions asked in CUET (PG)

Arrange the following as per their establishment oldest to latest: A. Textile mills in Bombay, B. Jute Industry in Bengal, C. Iron and Steel Industry in Jamshedpur, D. Coal Mining in Raniganj, E. Railway as Industrial Catalyst.
The Transmission Mechanism process follow different stages: A. Change in real money supply, B. Spending adjusts to change in interest rate, C. Portfolio adjustment, D. Output adjusts to the change in aggregate demand, E. Change in asset price and interest rate.
Arrange the steps to compute the coefficient of variation \(CV\) in correct order: A. Compute standard deviation \(SD\), B. Divide \(SD\) by mean \(\bar{X}\), C. Compute Mean \(\bar{X}\), D. Multiply the ratio of \(SD\) and mean with 100 to express in percentage, E. Report CV.
Arrange the following in chronological oldest to latest order: A. Introduction of Income tax in India, B. Constitutional Amendment to establish finance commission, C. GST in India, D. FRBM Act, E. 16th Finance Commission.
Sequence the evolution of taxation principles in modern Economics: A. Ability to pay principle, B. Benefit principle, C. Optimal taxation theory, D. Equity and efficiency consideration, E. Dead weight loss concept.
Sequence the working of money multiplier in correct order: A. RBI injects High Powered Money, B. Banks keep required reserves, C. Banks receives deposits, D. Banks gives loans, E. Deposit expansion.
Sequence the Pigouvian externality corrections: A. Identify the external cost, B. Measure marginal external damage, C. Compute marginal social cost, D. Tax equals to marginal external damage, E. Welfare improves after corrections.
Sequence the following theories/concept earliest to latest: A. Ordinal Utility, B. Cardinal Utility, C. Revealed Preference, D. Slutsky decomposition, E. Modern behavioural economics.
Chronologically arrange the following famines of colonial India: A. Chalisa Famine, B. Great Famine, C. Orisa Famine, D. Rajputana Famine, E. Bihar Famine.
Arrange the following in correct order to solve a linear system \(AX=T\) using matrix inversion. A. Verify that determinant of \(A\) is non-zero B. Compute the adjoint C. Compute \(A^{-1}\) D. Multiply \(A^{-1}T\) to get \(X\) E. Set up the co-efficient Matrix \(A\) and constant Matrix \(T\).
Arrange the following models in a chronological order oldest to latest: A. Cournot's Model, B. Bertrand Model, C. Edgeworth Model, D. Chamberlin Model, E. Sweezy Kinked Demand Curve.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: In the Keynesian model equilibrium output is determined where aggregate demand equals aggregate supply. Reason R: Effective demand is the level of demand that will occur, given firm's expectation of profit.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Labour relations in colonial industry were often exploitative. Reason R: Workers had low-wages, poor working conditions, and minimal labour rights.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: The primary cause of India's recurring balance of payment surplus with Britain during the colonial periods was ‘Home-charges'. Reason R: ‘Home-charges' included expenses such as pension to British officers, interest on India's Public debt held in Britain and salaries paid in England.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: A random variable is a numerical description of the outcome of an experiment. Reason R: The particular numerical value of a random variable does not depend on the outcome of the experiment.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: According to Ricardo's theory a country can benefits from trade even if it has an absolute disadvantage in the production of all the goods. Reason R: What matters for trade is comparative advantage which depends on relative not absolute cost differences.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: For a demand function \(P=60-Q^2\) and at price \(P=44\), point elasticity of demand is \(-1.375\). Reason R: Demand is inelastic.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: The nominal interest rate can be misleading guide to cost of borrowing. Reason R: The real interest rate is nominal rate of interest plus the rate of inflation.
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Monopoly power is the ability to set price above marginal cost and that the amount by which price exceeds marginal cost depends inversely on the elasticity of demand. Reason R: Monopoly power is determined with the more number of firms in the market.
Market failure arise in case of Public good due to
Public debt becomes unsustainable when
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: There are increasing return to scale, if output become more than doubles when inputs are doubled. Reason R: Large scale of operation allows managers and workers to specialised in their tasks.
In the Colonial period agriculture credit system was dominated by
The occupational structure of India at Independence was dominated by:
If \(TC=\frac{Q^3}{3}+20\), what will be \(MC\)?