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

Functions of central bank are:
(A) SLR
(B) CRR
(C) Open market operations
(D) Banker's Bank
(E) Issue of currency
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In India, Fiscal Responsibility and Budget Management Act, (FRBMA) was enacted in the year ______.

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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There are two goods, Good X and Good Y. Suppose there is an increase in the price of Good X and decrease in the price of Good Y simultaneously. Choose the correct diagram that shows its effect.

The Government decreases the exchange rate in the fixed exchange rate system. What is the term used for that?

Based on the following diagram answer the question:

Given initial investment is ₹ 200 crores and MPC=0.8. If autonomous investment increases by ₹ 50 crores, the income will increase by  ₹ ________ crores.

Arrange in order of following events in China and Pakistan.
A) Economic reforms in Pakistan
B) Great leap forward in China
C) Nationalisation of capital goods industries in Pakistan
D) Policy orientation and denationalisation of industries in Pakistan
E) Economic reforms in China
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As per New Economic Policy, in Export Oriented Policy strategies in agriculture, there has been a shift of production from domestic market to export market which leads to :

Identify the statement which is incorrect about GST?

Among the following expenditures one expenditure comes under capital expenditure, choose the correct option.

Identify the objective by imposing heavy taxes on production units engaged in producing harmful product like liquor, cigrattes etc.

Development that meets the need of the present generation without compromising the ability of the future generation to meet their own needs was emphasized by

Due to increase in investment by 2000 crore. National Income increases by 8000 crores. Find the value of MPC.

"Karve committee was set up for:

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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An economy where the workforce involved in Design, Development, Technology, Marketing, Sales and Services is known as

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

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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Currency Depreciation leads to:

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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Identify the capital account transaction from the following:

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

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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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_____