List of top Economics Questions asked in CUET (UG)

Among the followings which is not included in Capital Account Balance ?

Match List - I with List- II.

List - I	List - II
(A) Normal goods	(I) These goods are consumed together
(B) Inferior goods	(II) Demand for the good decreases as income of the consumer increases
(C) Substitute goods	(III) These goods are used in place of each other
(D) Complementary goods	(IV) Demand for the good increases as income of consumer increases

Choose the correct answer from the options given below:

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

Choose the correct answer from the options given below :

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

Identify the Demand for foreign exchange-
A. Demand for domestic goods by foreigners
B. Purchase of financial assets of a foreign country.
C. Studying abroad
D. Transfer made by foreigners to resident
E. Import of goods
Choose the correct answer from the options given below :

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
Choose the correct answer from the options given below:

Among the followings which is not included in Capital Account Balance ?

With an increase in marginal propensity to consume the value of investment multiplier will

Choose the correct example of Revenue Expenditure.

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

Choose the correct answer from the options given below:

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

In this diagram, budget line goes flater from $ P_1 P_2 \,to \,P_2 P^{'}_1 $ . The reason for budget line being flater is:

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

What is the General shape of Demand curve ?

The British rule in India led to.
(A) Collapse of India's world famous Handicraft industry
(B) Development of Modern industry
(C) Development of Railways
(D) Growth of education sector
Choose the correct answer from the options given below:

Which of the following does not constitute the central problems of an economy ?

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

Choose the correct answer from the options given below:

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

Which is not a part of progress of china?

Complete the formula :
Gross Fiscal Deficit = Total Expenditure - ( Revenue receipts + ? )

Brundtland Commission relates to :

The concept of sustainable development was emphasised by the:

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
Choose the correct answer from the options given below:

Based on following paragraph answer the question:
Goods and service tax is the single comprehensive indirect tax implemented on July 1, 2017. It is a destination based tax that has Input Tax Credit in the supply chain. GST is applicable throughout the country.
GST is considered the biggest tax reform since independence. It is implemented through 101th Constitutional Amendment Act.
The aim of GST is to reduce the cost of business operations and cascading effect of various taxes. By implementing GST it is expected that GDP will rise by about 2%. Compliance will also be easier as all tax payment related services are available online through a common portal. GST has expanded the tax base and introduced higher transparency in the taxation system.