CUET UG Economics — Macro previous year questions with solutions.
Among the following identify the condition where firms face unplanned de-cumulation of inventories.
What are the equilibrium conditions in the Keynesian model of income determination? (A) Aggregate demand = Aggregate supply. (B) Savings= Investment. (C) Consumption=Government Expenditure. (D) Planned Expenditure= Planned Output. Choose the correct answer from the options given below:
Which of the following transactions will be recorded in the current account of Balance of Payment?
Arrange the following in ascending order according to their year of implementation (A) The Smithsonian Agreement. (B) First World War. (C) Introduction of Liberalized Exchange Rate Management System. (D) The Bretton Woods Conference. Choose the correct answer from the options given below:
Which of the following are major functions of commercial banks?
If the reserve ratio is 20%, what is the money multiplier?
What happens to money supply if the RBI increases the cash reserve ratio?
Which function of money helps in comparing the value of different goods and services?
Central banks intervene to buy and sell foreign currencies in an attempt to moderate exchange rate movements whenever they feel that such actions are appropriate. What is this move called?
In which year, the book 'The Economic Consequences of the Peace' was written by John Maynard Keynes.
Match List-I with List-II | List-I | List-II | |---|---| | (A) Primary deficit | (I) Net borrowing at home + Borrowing from RBI + Borrowing from abroad | | (B) Fiscal deficit | (II) Fiscal deficit – Net interest liabilities | | (C) Revenue deficit | (III) Revenue expenditure – Revenue receipts | | (D) Revenue Expenditure | (IV) Plan and non-plan expenditure | Choose the correct answer from the options given below:
Individuals or institutions that take economic decisions are known as................
Arrange the following statements in the context of the calculation of Gross National Product at Market price. (A) Add Net factor income from abroad. (B) Calculate values of output. (C) Determine sales for the country. (D) Deduct intermediate consumption. Choose the correct answer from the options given below:
The cost of a bag increased from $8 to $12 in the US and ₹ 400 to ₹480 in India. What affect it has on the dollar in respect to exchange price?
Match List-I with List-II | List-I | List-II | |---|---| | (A) $M_1$ | (I) $M_1$ + Net time deposits of commercial banks | | (B) $M_3$ | (II) Assets - Liabilities | | (C) Net Worth | (III) 1/CRR | | (D) Money Multiplier | (IV) Currency + Demand Deposit | Choose the correct answer from the options given below:
A shock absorber which makes disposable income, and thus consumer spending, less sensitive to fluctuations in GDP is called.
Identify which of the following is not included while estimating national income?
The government policy affecting the personal disposable income of households by making transfers and collecting taxes is known by...........
When aggregate output is determined solely by the level of aggregate demand, the relation between aggregate supply and price is?
Match List-I with List-II | List-I | List-II | |---|---| | (A) C + I + G + (X-M) + NFIA | (I) $GDP_{MP}$ | | (B) $GDP_{MP}$ - Depreciation | (II) Domestic Income | | (C) NDP MP - IT + Subsidies | (III) $NDP_{MP}$ | | (D) $NDP_{MP}$ + Depreciation | (IV) $GNP_{MP}$ | Choose the correct answer from the options given below:
The ratio of the total increment in equilibrium value of final goods output to the initial increment in autonomous investment expenditure is known as?
It may be incorrect to treat GDP as an index of the welfare of the country for the following reasons. (A) Externalities. (B) Distribution of GDP is not uniform. (C) Monetary exchanges. (D) Non-monetary exchanges. Choose the correct answer from the options given below:
In the balance of payments, the transactions of bonds and equity shares are placed under which of the following account?
If ₹150 is required to buy 2 Dollar, instead of ₹100 earlier, then: (A) Domestic currency has depreciated. (B) Domestic currency has appreciated. (C) The rupee value of the import bill will increase. (D) Selling foreign exchange from its reserves by the reserve bank of India. Choose the correct answer from the options given below: