List of top Questions asked in CUET (UG)- 2026

Arrange the following statements in the context of calculating Gross National Product (GNP) at Market Price: \[ (A)\ \text{Add Net Factor Income from Abroad} \] \[ (B)\ \text{Calculate value of output} \] \[ (C)\ \text{Determine total sales in the country} \] \[ (D)\ \text{Deduct intermediate consumption} \]

Match the following:
\[ \begin{array}{ll} \textbf{List-I} & \textbf{List-II} \\[8pt] (A)\ \text{Leftward shift in both demand and supply curves} & (I)\ \text{Equilibrium price remains unchanged} \\[6pt] (B)\ \text{Rightward shift in both demand and supply curves} & (II)\ \text{Equilibrium quantity increases} \\[6pt] (C)\ \text{Equal percentage increase in both demand and supply curves} & (III)\ \text{Equilibrium quantity decreases} \\[6pt] (D)\ \text{Supply curve shifts right and demand curve shifts left} & (IV)\ \text{Equilibrium quantity remains unchanged} \end{array} \]

Identify the incorrect option related to a perfectly competitive market: