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

A factory can increase its output by using a new type of machine. Adoption of this new technology is called_____

Match List I with List II

LIST I		LIST II
A	Revenue Receipt	I	Increase in Liability
B	Capital Receipt	II	Do not increase in Asset
C	Revenue Expenditure	III	Increase in Asset
D	Capital Expenditure	IV	Do not increase Liability

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Choose the correct sequence :
A. Factor payments
B. Goods and services produced and sold in the market
C. Supply of factors of production by the households
D. Spending on goods and services
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Which of the following are to be considered while Measuring Fiscal Deficit?
A. Capital expenditure
B. Revenue receipts
C. Debt creating receipts
D. Revenue expenditure
E. Deficit on current A/c
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Consider the following as steps in the estimation of National Income of an economy by product value added method. Arrange them in proper sequence.
A) Add net factor income from abroad (NFIA).
B) Calculate cost of secondary inputs of all the sectors.
C) Determine Net Value added at factor cost.
D) Determine Gross Value Added.
E) Calculate value of output of all the sectors.
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When Central Bank buys securities, this agreement of purchase also has specification about date and price of the resale, it is called:

Arrange the following elasticities of demand in increasing order.
(A) Elastic Demand
(B) Perfectly Elastic Demand
(C) Inelastic Demand
(D) Unitary Elastic Demand
(E) Perfectly Inelastic Demand
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Price of a commodity increases. The demand is inelastic if:

Arrange the correct sequence according to the year of Establishment/Commencement.
(A) Niti Aayog
(B) First five year plan
(C) Planning Commission
(D) Period of plan holiday
(E) Foundation of British colonial rule in India
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Which statement is correct in the context of revenue from customs duties as mandated by the Constitution?

Match List - I with List- II.

List - I	List - II&
(A) Current Account Surplus	(I) Export of invisibles - Import of Invisibles
(B) Balanced Current Account	(II) Receipts \(>\) Payments
(C) Net Invisibles	(III) Receipts = Payments
(D) Current Account Deficit	(IV) Receipts \(<\) payments

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What is the General shape of Demand curve ?

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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Match LIST I with LIST II

LIST I		LIST II
A	Ex-ante saving	I	Planned output AY
B	Multiplier	II	\(\frac{ΔY}{ΔΙ} \)
C	Aggregate supply	III	Tax on imported goods
D	Marginal Propensity to consume	IV	Specify the quantity of goods which can be imported

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Current A/C of Balance of payment does not include :

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

In India, Fiscal Responsibility and Budget Management Act, (FRBMA) was enacted in the year ________.

Match List I with List II

LIST I		LIST II
A	Stocks	I	Expected constant loss in value of a capital
B	Flows	II	Unexpected destruction of capital
C	Depreciation	III	Have time dimension
D	Capital loss	IV	Do not have any time dimension

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The first industrial policy resolution (IPR) in independent India was introduced in year _____

Arrange the following as steps taken by Central Bank to control the problem of inflation in India through its monetary policy.
A) Commercial Banks will increase their lending rate
B) Borrowing requirements will fall
C) Increase in repurchase agreement rate
D) Reduction of demand for goods and services at macro level
E) Income generation will slow down
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Match List - I with List - II.

List I		List II
A.	Goods used in production process and are durable in character	I.	Intermediate goods
B.	Inputs for production	II.	Flows
C.	Machines in a factory	III.	Capital goods
D.	Annual profits	IV.	Stocks

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Indian System of Medicine (ISM) doesn't include :

Identify the type of merger in which the two companies are producing different goods and services for one specific finished product.

Direct tax is called direct because it is collected directly from ________.

Match List I with List II

List I		List II
A.	Revenue Tax Receipts	I.	Govt. Employee Received Salary
B.	Revenue Non Tax Receipts	II.	Govt. received income tax from individual
C.	Revenue Plan Expenditure	III.	Govt. received license fee
D.	Non-Plan Revenue Expenditure	IV.	Govt. school students received and day meal

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