CUET UG Economics — Macro previous year questions with solutions.
Primary Deficit can be zero if?
The Reserve Bank of India (RBI) __________ government securities in a bid to ________ the stock of money in the economy.
A cut in Repo Rate would lead to __________ in Money Supply and a cut in Reverse Repo Rate would lead to __________ in deposits of commercial bank to RBI
Why did Monetary Policy Committee keep its policy rate unchanged in its recent meet?
Which of the following is not a monetary measure adopted by Reserve Bank of India?
Repo Rate is the rate at which.
When income is more than consumption, then value of Average Propensity to Save (APS) is.
When income is less than consumption, value of Average Propensity to Consume (APC) is.
From the given table, identify the level of income, where Average Propensity to Save (APS) becomes zero:
_____________ is the minimum level of consumption done at zero income level and is independent of income.
Calculate Marginal Propensity to Save (MPS) and Average Propensity to Consume (APC) at income level of 200.
When nominal Gross Domestic Product is ₹840 crorer and price index is 120, then the Real Gross Domestic Product will be:
Arrange the following chronologically: (A) Great Depression. (B) The Economic Consequences of the Peace. (C) An Enquiry into the Nature and cause of the Wealth of the Nations. (D) The General Theory of Employment, Interest and Money. Choose the correct answer from the options given below:
Identify the incorrect statement from the following about the revenue budget of the government.
Match List-I with List-II | List-I | List-II | |---|---| | (A) Macroeconomics | (I) Unlimited. | | (B) Human wants | (II) Economics of 'what ought to be'. | | (C) Normative Economics | (III) A system by which people of an area earn their living. | | (D) Economy | (IV) Studies the problem of choice at the level of the country as a whole. | Choose the correct answer from the options given below:
Suppose, following data is presented, for an imaginary economy: Autonomous Consumption = ₹ 100 crore Marginal Propensity to Consume = 0.6 Investment = 200 crore. Identify which of the following is the correct value of national income?
The Prime Minister of India, interacting with Pradhan Mantri Garib Kalyan Anna Yojana (PMGKY) beneficiaries, says that free ration has helped lakhs of poor during COVID pandemic. This is categorized as __________
Graphically, Aggregate Demand (AD) function can be obtained by vertically adding the ________ and ________.
Which of the following statements is true? If exchange rate changes from $1 = ₹85 to $1 = ₹90 (A) Imports will fall. (B) Imports will rise. (C) Exports will rise. (D) National income will rise. Choose the correct answer from the options given below:
Identify the scenario which would lead to an increase in GDP, but might not necessarily improve overall welfare?
Arrange the following steps in calculation of national income, by income method in correct sequence. (A) Add net factor income from abroad to arrive at national income. (B) Estimate the factor income paid by each sector. (C) Identify and classify the income generating units. (D) Calculating domestic factor income. Choose the correct answer from the options given below:
Which of the following is added in the estimation of national income?
Match List-I with List-II | List-I | List-II | |---|---| | (A) Annual financial statement | (I) Create liabilities or reduce financial assets. | | (B) Capital receipts | (II) Trade surplus. | | (C) Capital expenditure | (III) Main budget document. | | (D) Export > Import | (IV) Create financial assets or reduce liabilities. | Choose the correct answer from the options given below:
"Government of India has recently implemented various measures (like cash transfers to senior citizens and widows)". The government is trying to achieve the objective of _______ using such measures.