List of top Questions asked in CUET (UG)- 2023

Which of the following is not true about subsidies in agriculture in India ?

Identify the source/example of Portfolio Investment being part of Capital Account item of Balance of Payments.

Consider the following facts related to development experience of Indian Economy during 1947 to 2022.
A. Between 1950 and 1990, the proportion of GDP contributed by agriculture sector has declined.
B. P.C. Mahalnobis is known as Architect of Indian Planning.
C. The world Bank is also known as IFCI
D. GATT was established in 1958
E. Indian Foreign Exchange Reserves have increased since 1990-91.
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Which of the following are components of Current Account in the balance of payments?
A) Export of goods
B) Investments
C) Import of goods
D) Net factor income
E) Transfer payments
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Match List - I with List - II.

List - I	List -II
(A) Balance of Trade	(I) International transaction related to financial assets
(B) Balance of payment	(II) Export and import of services
(C) Net invisibles	(III) Goods, Service and Transaction in assests
(D) Balance on capital accounts	(IV)  Export and import of goods

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Arrange the correct sequence on the basis of the year of introduction :
(A) New agriculture strategy
(B) First industrial policy in India
(C) Second industrial policy in India
(D) Commission of agriculture cost and price
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Identify the social Infrastructure :
A. Number of movie halls
B. Housing
C. Number of school & hospitals
D. Number of industries
E. Number of malls
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From the following transactions which transaction will be recorded in the current account of the balance of payments:

GDP at factor cost may be derived from using one of the following formula. Choose the correct.

Goods and services tax became operational from _________.

Chronologically arrange the development path of china.
(A) Great Proletarian Cultural Revolution 
(B) Establishment of People's Republic of China 
(C) Introduction of reforms 
(D) Announcement of first Five Year Plan 
(E) Great Leap Forward campaign 
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What is the other name of the central problem of economy-For whom to produc

Identify the goods that are of durable character and are used in the production process.

The ratio of total deposits that a commercial bank has to keep with RBI is called:

What is the other name of the central problem of economy-For whom to produce?

Identify the capital account transaction from the following:

Match LIST I with LIST II

LIST I		LIST II
A	High powered money	I	\(\frac{1}{Cash Reserve Ratio}\)
B	Central Bank	II	Fixed by the RBI
C	Money multiplier	III	An apex hank of the country
D	Cash Reserve Ratio	IV	Currency issued by central bank

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Which of the following is not a part of money supply?

Currency Depreciation leads to:

Suppose the price elasticity of demand for a good is (-)1. At a price of ₹4 per unit, demand for the good is 40 units. Suppose the price of the good increases to ₹6 per unit, and as a result, the demand for the good will be_____

Match LIST I with LIST II

LIST I		LIST II
A	Quotas	I	Monetary assistance given by government for production activities
B	Import substitution	II	Government protects domestic industries from foreign competition
C	Tariffs	III	Tax on imported goods
D	Subsidy	IV	Specify the quantity of goods which can be imported

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Match List I with List II

List I		List II
A.	Bank Rate	I.	Rate at which RBI tends Commercial Banks for short period of time
B.	Open market operation	II.	Determined by Commercial Banks at which loan is given
C.	Repo Rate	III.	Rate at which RBI lends to Commercial Banks
D.	Interest Rate	IV.	Buying & selling of bonds

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Match List I with List II

List I Name of the Scheme		List II Year of Launch
A.	Jan Dhan Yojana	I.	2005
B.	Task force on Projections of minimum needs	II.	1962
C.	Mahatma Gandhi National Rural Employment Guarantee Act	III.	1979
D.	Study Group formed by Planning Commission for poverty	IV.	2014

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Arrange the following statements relating to India in the sequence of their occurence:
(A) Setting up of National Bank for Agriculture and Rural credit
(B) Saansad Adarsh Gram Yojana Scheme introduce by Government
(C) Social banking and multi agency approach adopted to meet rural credit needs 
(D) 'Kudumbashree' was started as a small savings bank for poor women in Kerala 
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Identify the correct statements from the following:
(A) When central bank buys securities without any promise to sell them later is called injecting
(B) Open market operations in buying and selling of securities by the commercial bank
(C) Open market operation leads to a change in bank rate
(D) When central bank sells securities without any promise to buy them later is called injecting 
(E) RBI influences money supply through open market operations
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