CUET UG Economics — Macro previous year questions with solutions.
To measure consumer price index (CPI) which of the following years are taken into consideration? (A) Current Year. (B) Preceeding Year. (C) Base Year. (D) Succeeding Year. Choose the correct answer from the options given below:
Among the following, which are the functions of money? (A) Medium of exchange. (B) Unit of account. (C) Bartering (D) Store of value Choose the correct answer from the options given below:
Ex-post is depicted by which of the following ........
The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?
Money deposited in the banks are considered ______________ of the banks.
If all the people of the economy increase the proportion of income they save, the total value of savings in the economy will not increase - it will either decline or remain unchanged. This result is known as .......
Excess demand is the situation where ......
The level of output is determined by the .....
Full employment level is the level where ........
Goods & Services Tax (GST) is which of the following type of tax?
Which of the following feature of GST removes/reduces the cascading effect?
Why GST is considered as unified tax system?
From the following which product has been kept out from the GST ambit?
GST is the amalgamation of which of the following taxes?
In a simple economy, the circular flow between firms and households in terms of factor payments and services also represents as.
The sales of bread have increased from 10 units to 15 units. Suppose the government imposed a unit tax of Rs. 5 on current production, then the total tax that the firm must pay to the government is?
When autonomous investment increases, the aggregate demand curve shifts?
The study of macroeconomics usually simplifies the analysis of how the country's total ouput and the level of employment are related to.
The function of the investment multiplier is?
The Central Bank is a very important institution in the modern economy. What are the main characteristics of the Reserve Bank of India? (A) India got its central bank in 1935. (B) It is the custodian of the foreign exchange reserves of the economy. (C) It controls the money supply of the country through various methods, like bank rate, open market operations etc. (D) It also acts as a bank for the banking system. Choose the correct answer from the options given below:
The aggregate demand function shows the total demand for goods and services at each level of income. The graphical representation of the aggregate demand function will have which of the following features? (A) It can be obtained by vertically adding the consumption and investment function. (B) It is parallel to the consumption function i.e., they have the same slope c. (C) It shows ex post demand. (D) It shows ex ante demand. Choose the correct answer from the options given below:
The interest rate paid by the commercial banks to depositors is lower than the rate charged from the borrowers. This difference between these two types of interest rates, called? 1. Bank Rate. 2. Spread. 3. Reserve. 4. Deposits.
Match List-I with List-II | List-I | List-II | | --- | --- | | (A) Inventory | (I) Planned | | (B) Consumption | (II) Actually happened | | (C) Ex-ante | (III) Investment | | (D) Ex-post | (IV) Household Income | Choose the correct answer from the options given below:
There is a constitutional requirement in India to present before the Parliament a statement of estimated receipts and expenditures of the government in respect of every financial year which runs from............