CUET (UG) entrance exam Question Bank Solutions

Assertion (A): Full employment is the situation where all those workers who are able to work and willing to work get employment at the prevailing wage rate.

Reason (R): The situation of full employment is achieved only when the economy is in equilibrium.

How is the interest earned by normal resident treated?

If in an economy the value of Net Factor Income from Abroad is ₹200 crores and the value of Factor Income to Abroad is ₹40 crores. Identify the value of Factor Income from Abroad:

What is the other name for Income Method?

Considering operating surplus which one of the following is not a part of it?

Identify the correctly matched pair of the items in Column A to those in Column B:

Assertion (A): Profits of chemical industries increased 150%; fishermen income reduced by 70% due to untreated chemical pollutants in water bodies. This is a negative externality.

Reason (R): The profits of chemical industries is causing pollution which is harming the water and inturn leading the fishermen to catch less fish as the biodiversity of the water body is disturbed.

Full employment:

Which of the following statements is true?

Primary deficit is borrowing requirements of government for making:

Fiscal Deficit equals:

Fiscal deficit equals:

Identify which of the following statements is true.

The shape of average revenue curve in monopoly is ______

The shape of supply curve is ______

______ measures the excess of import expenditure over the export revenue of a country.

From the following data calculate investment expenditure:

Marginal Propensity to Save = 0.2

Equilibrium level of income = Rs 22,500

Autonomous consumption = Rs 500

Public expenditure can be unplanned only with reference to 

The demand curve for foreign exchange is ______ 

Which of the following is excluded while calculating National Income as per the expenditure method?