List of top Economics Questions asked in CUET (UG)

Match List-I with List-II:

List-I (Characteristic)		List-II (Implication)
A	Equilibrium	(I)	Plans of all the consumers and firms in the market match
B	Excess supply	(II)	Demand decreases with an increase in income
C	Inferior good	(III)	Supply is greater than market demand
D	Price ceiling	(IV)	Imposition of upper limit by government

Which of the following are the main causes of individual poverty?
(A) Social exclusion
(B) Indebtedness
(C) Economic and political inequality
(D) Unemployment
Choose the correct answer from the options given below:

If the supply of final goods is assumed to be infinitely elastic at constant price over a short period of time, Aggregate output is determined solely by the value of Aggregate demand. This is called __________ Principle.

Identify the correct statements:
(A) Depreciation is a flow concept
(B) Money supply is a stock concept
(C) Investment is a stock concept
(D) Depreciation is an annual allowance for wear and tear of a consumer good
Choose the correct answer from the options given below:

If there is no government and no foreign trade, then:

Which of the following statements is correct about the informal sector?

Which of the following is NOT a component of aggregate demand?

Identify the factors responsible for land degradation in India:
(A) Loss of vegetation occurring due to deforestation
(B) Vehicular emissions
(C) Encroachment into forestlands
(D) Forest fires and overgrazing
Choose the correct answer from the options given below:

Which of the following statements are true ?
(A) Quantitative tools control the extent of money supply by changing the CRR.
(B) There are two types of open market operations – outright and upright.
(C) A fall in the bank rate can decrease the money supply.
(D) Selling of a bond by RBI leads to reduction in quantity of reserves.
(E) The RBI can influence money supply by changing the rate at which it gives loan to the commercial
banks.
Choose the correct answer from the options given below :

During festive season, the currency deposit ratio _____________ .

Government of India enacted the Right to Education Act in 2009 to make free education a Fundamental Right of all children in the age group of _____ years.

Nominal Interest Rate =__________

When Elasticity of Demand is 1 at every point on the Demand Curve, this curve is known as:

Match List-I with List-II:

List-I	List-II
(A) Consumer equilibrium	(I) MRS = Ratio of prices
(B) Necessity goods	(II) Unit elastic demand
(C) Total expenditure decreases with increase in price of the good	(III) Inelastic demand
(D) Rectangular hyperbola demand curve	(IV) Elastic demand

Choose the correct answer from the options given below :

Match List-I with List-II:

List-I		List-II
A	Great Leap Forward	(I)	Protecting the future generation
B	Mao Zedong	(II)	Aimed at industrialising the country on a massive scale
C	Brundtland Commission	(III)	Introduced the Great Proletarian Cultural Revolution
D	Our Common Future	(IV)	Seminal Report that explained sustainable development as meeting the basic needs of all for a better life

The distribution of workforce in different sectors indicates that over the last five decades (1972-2018), people have moved from self-employment and regular salaried employment to casual wage work. What is this process called?

Suppose a consumer consumes two goods whose MRS = 3. If the price of one good is Rs 30, what is the price of the other good for the consumer to be in equilibrium?

All those elements which create liability and decrease the assets of government are known as :

Identify the correct set of statements.
(A) Ex Ante Saving represents what is actually planned to save.
(B) Ex Post Saving represents what is actually planned to save.
(C) Ex Post Saving depicts what has actually happened.
(D) Ex Ante Post Saving represents what is actually saved.
Choose the correct answer from the options given below :

An economy has a trade surplus of 25 billion dollars and an overall current account deficit of 47 billion dollars. What will be the balance of invisibles for this economy?

The value of the US dollar changes due to the market forces of demand and supply of foreign exchange i.e., from 1 USD = 81 to 2 USD = 161. What will this be termed as?

Which of the following is NOT an example of capital expenditure incurred by the government?

The Great Leap Forward (GLF) campaign was initiated in __________ .

The consumption function in an imaginary economy is known to be C = 100 + 0.75Y. The level of equilibrium income in this economy is 800 crores. What will be the value of investment in this economy?

For the purpose of restoring equilibrium in an economy currently operating at over full employment, what should be done?