List of top Economics Questions asked in CUET (PG)

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Concepts} & \textbf{Their meaning} \\ \hline \text{(A) Foreign Exchange Swaps} & \text{(I) is a forward contract for standardized currency amounts and selected calendar dates traded on an organized market.} \\ \hline \text{(B) Forward Transaction} & \text{(II) refers to the avoidance of a foreign exchange risk or covering of an open position.} \\ \hline \text{(C) Foreign Exchange Futures} & \text{(III) refers to a spot sale of a currency combined with a forward repurchase of the same currency as part of a single transaction.} \\ \hline \text{(D) Hedging} & \text{(IV) refers to an agreement today to buy or sell a specified amount of a foreign currency at a specified future date at a rate agreed upon today.} \\ \hline \end{array}\] Choose the correct answer from the options given below:

In which of the following year India had a surplus in its current account?

If the probability function for a random variable $ x $ is given as $ f(x) = \frac{x+3}{15} $ when $ x = 1, 2, 3 $, find the sum of the values of the probability distribution for $ x $.

Expenditure towards the maintenance of embassies and diplomatic missions are included in which of the following accounts of the balance of payments.

The exports of goods of a country, $ G = G(t) $, has a growth rate of $ a/t $, and its exports of services, $ S = S(t) $, has a growth rate of $ b/t $. What is the growth rate of its total exports $ X $?

Which of the following is not correct about the effect of taxes on income and output?

In the case of classical economics, an increase in the nominal money stock causes:

Linear regression model is:

Which of the following is not a type of non-random sampling?

According to monetarist thought, the natural rate of unemployment and output is not determined by:

If we twice flip a balanced coin, what is the probability of getting at least one head?

In Solow's growth model, the output per capita is a function of:

Suppose that the random variable $ X $ takes on the values: -1, 0, and 2 with probabilities $ \frac{1}{8} $, $ \frac{1}{2} $, and $ \frac{3}{8} $ respectively. Find the expected value of $ X $.

Arrange the following theories in chronological order starting from oldest to latest:

(A) Keynesian Theory of Demand for Money
(B) Quantity Theory of Money
(C) Cambridge Cash Balance Approach
(D) Modern Quantity Theory of Money
Choose the correct answer from the options given below:

Arrange the following Chairmen of the Finance Commission as per their year of appointment in chronological order starting from the oldest to latest: (A) A M Khusro
(B) N K Singh
(C) Vijay Kelkar
(D) N K P Salve
Choose the correct answer from the options given below:

In statistics, standard error measures the:

Calculate the standard deviation for the following sample: 8, 7, and 9.

The following are the reasons for firms to hold stock of inventories except:

In the context of the Keynesian concept of a multiplier, a $\$$1 increase in government spending financed by a $\$$1 increase in taxes will cause equilibrium income to:

Which of the following are applicable to the individual's expenditure function?

(A) It is homogeneous of degree zero in all prices.
(B) It represents the maximum expenditure to achieve a given level of utility.
(C) It is non-decreasing in prices.
(D) It is concave in prices.
Choose the correct answer from the options given below:

Match List-I with List-II \[\begin{array}{|c|c|} \hline \textbf{Nature of Skewness for a Distribution} & \textbf{Relationship between Arithmetic Mean (AM), Median and Mode} \\ \hline \text{(A) Positively Skewed} & \text{(I) AM = Median = Mode} \\ \hline \text{(B) Moderately Skewed} & \text{(II) AM < Median < Mode} \\ \hline \text{(C) Negatively Skewed} & \text{(III) AM - Mode = 3 (AM - Median)} \\ \hline \text{(D) Symmetric Distribution} & \text{(IV) AM > Median > Mode} \\ \hline \end{array}\] Choose the correct answer from the options given below:

Which of the following statements are correct about the IS curve?

(A) It shows the combination of the interest rate and the level of income such that the money market is in equilibrium.
(B) It is negatively sloped.
(C) The smaller the multiplier and the more sensitive investment spending is to changes in the interest rate, the steeper the IS curve.
(D) An increase in government purchases shifts the IS curve to the right.
Choose the correct answer from the options given below:

The decision by consumers to buy larger quantities of a good at each possible price cannot be caused by:

The direct tax to GDP ratio in India for the year 2022-23 is:

What is the geometric mean of 2, 4, and 8?