CUET UG Economics — Macro previous year questions with solutions.
Assume a two sector economy in the above diagram, the initial demand curve $AD_1$ shifts upward to $AD_2$ due to : 
In an economy, every time the National Income rises 20% of the rises in income is saved by households. Now suppose there is a rise in investment by $\overline{\mathbf{\tau}}$ 100 crores, then the National Income in this economy will rise by :
If the level of effective demand is much below the level of full employment equilibrium then which situation will appear in the economy ?
Identify the incorrect statement. (A) Money is what money does (B) There are many assets which carry functions of money (C) In modern sense, money creates instability (D) The first and foremost role of money is that it acts as medium of exchange (E) Money acts only as convenient unit of account Choose the **correct** answer from the options given below :
Buying and selling of government securities by the Reserve Bank of India to the public is called :
Match **List - I** with **List - II**. | List - I (Banking) | List - II (Function) | |---|---| | (A) Commercial Bank | (I) Long term lending rate by RBI | | (B) Reserve Bank of India | (II) Short term lending rate by RBI | | (C) Bank Rate | (III) Credit creation | | (D) Repo Rate | (IV) Lender of last resort | Choose the **correct** answer from the options given below :
Suppose in an economy, the legal Required ratio fixed by the Central Bank is 20% and the value of initial deposits is $\overline{\mathbf{\tau}}$ 1000 crores. What is the value of loans extended by the Commercial Banks ?
High powered money comprises of :
Identify Indirect Tax among the following :
Public Goods are always :
The government in its budget has announced the construction of seven textile parks under the scheme of mega-investment textile parks. Which objective of the government budget is most likely being reflected here ? (Choose the correct alternative).
Which of the following deficit shows excess of government expenditure over receipts other than burden of interest payments ?
Match **List - I** with **List - II**. | List - I (Transactions) | List - II (Heads) | |---|---| | (A) Loans extended by the Indian Government to the Sri Lankan Government | (I) Revenue Receipts | | (B) Expenditure by the Government on Covid Vaccines | (II) Capital Receipts | | (C) Dividend received by the Government on shares bought by it | (III) Capital Expenditure | | (D) Public Provident Fund held by Public | (IV) Revenue Expenditure | Choose the **correct** answer from the options given below :
Devaluation of domestic currency will make :
Indian Real Estate Company receives rent from Microsoft from London. This transaction will be recorded in __________ Account.
The likely impact of a depreciation of the domestic currencies of the South East Asian Countries on exports to the US would be :
Identify the most unlikely reason or appreciation of the US dollar.
The likely impact of an appreciation of the US dollar, on imports of the South East Asian Countries from the US. would be :
The likely impact on the Balance of payment position of Countries facing a financial crisis would be :
The likely reason for investors from Western Countries pulling out their investments from these nations was :
Economic variables such as 'National Income' and 'profits' can be classified under which of the following heads ?
Which of the following statements are incorrect ? (A) Circular flow of income does not take place in a closed economy. (B) Real flow consists of flow of factor services from households to firms. (C) In a two-sector economy, total production is always equal to total consumption. (D) Money flow consists of flow of factor payments from households to firms. Choose the correct answer from the options given below :
Identify the correct statements regarding money supply (A) Money supply is a stock concept. (B) Money supply is a flow concept. (C) Money supply is the currency (cash and coins) with the public and demand deposit in banks. (D) Money supply is the currency held with banks. (E) Money supply is the concept of real flow. Choose the correct answer from the options given below :
Given the following set of data calculate equilibrium income. C = 100 + 0.8 y. Investment = Rs. 260 Cr.