CUET UG Economics — Macro previous year questions with solutions.
Suppose a country only produces bread. In the year 2000 it had produced 100 units of bread, price was Rs. 10 per bread. In 2001, the same country produced 110 units of bread at price was Rs. 15 per bread. In 2001, the nominal and real GDP are : (base year is 2000)
Identify the quantitative tools used by RBI to control money supply. (A) Moral Suasion (B) Bank Rate (C) Cash Reserve Ratio (D) Open Market Operations (E) Margin requirement Choose the correct answer from the options given below :
'Rs. 48,000 cr is allotted for PM Awas Yojana in this years budget'. Identify the government objective fulfilled from the statement above.
Which of the following is considered as an intermediate good ?
Match List - I with List - II. | List - I (Financial Terms) | List - II (Examples) | | --- | --- | | (A) Monetary Base | (I) Loans extended by banks | | (B) Assets | (II) Reserve Bank of India | | (C) Liabilities | (III) Currency | | (D) Credit control | (IV) Deposits accepted by the banks | Choose the correct answer from the options given below :
What would be the value of investment multiplier if MPC = MPS ?
Which of the following is a function of RBI ?
If MPC = 0.75, autonomous consumption = 100 crore, then find the level of consumption at income level = 8,000 crore :
Which of the following is not a function of the Central Bank ?
Suppose the producers plans to add Rs. 100 cr worth of goods to her stock by the end of the year. However, due to an unforeseen upsurge of demand for her goods in the market, she had to sell goods worth Rs. 30 cr from her existing stock. Now, determine Ex-ante Investment and Ex-post Investment from the above information.
What is the value of education cess levied on Union taxes by the Government of India ?
Which of the following is not a reason for excess demand ?
Which among the following is not a part of Qualitative measure of Monetary Policy of RBI ?
Identify the statement that stands true during deficient demand : (A) Actual output falls short of potential output (B) Potential output falls short of actual output (C) Actual demand is less than expected demand (D) Expected demand is less than actual demand Choose the correct answer from the options given below :
Suppose you are a member of the "Advisory Committee to the Finance Minister of India". The finance minister is concerned about the rising Revenue Deficit in the budget. Which measure would you suggest to control the rising Revenue deficit of the government ?
When consumption function starts from y axis, it indicates that ?
Owing to the current political instability across many countries, the Indian rupee has sharply lost its value in terms of US dollars. The impact of this would be : (A) A rise in imports from USA (B) A fall in imports from USA (C) A rise in exports to USA (D) A fall in exports to USA Choose the correct answer from the options given below :
Which of the following is included in the estimation of National Income ?
Suppose in an economy there are only two firms A and B. Calculate Gross Domestic Product at Market Price from the given table. | Items | Firm A | Firm B | | --- | --- | --- | | Sales | 50 Cr | 200 Cr | | Change in stock | +20 Cr | -30 Cr | | Intermediate Consumption | 0 | 100 Cr |
For the business community, which of the following relates to the Budget 2022 ?
Identify direct taxes from the following : (A) Goods and Services Tax (B) Corporate Tax (C) Capital Gains Tax (D) Value Added Tax Choose the correct answer from the options given below :
Given the information in the passage, find out the fiscal deficit :
Match List - I with List - II. | List - I (Budgetary Terms) | List - II (Accounting Head) | | --- | --- | | (A) Interest Payments | (I) Revenue Receipts | | (B) Grants-in-aid received | (II) Capital Expenditure | | (C) Borrowings and other liabilities | (III) Revenue Expenditure | | (D) Construction of flyover | (IV) Capital Receipts | Choose the correct answer from the options given below :
Which one of the following statement is true ?