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CUET (UG) entrance exam Question Bank Solutions for Business Economics

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Business Economics
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Which of the following country has the highest density of population per square km? 

[10] Development Experience of India
Chapter: [10] Development Experience of India
Concept: undefined >> undefined

In case of an under-employment equilibrium, which of the following alternatives is not true?

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

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Equilibrium price falls and equilibrium quantity rises when ______

[2] Consumer Behaviour and Demand
Chapter: [2] Consumer Behaviour and Demand
Concept: undefined >> undefined

Identify the correctly matched pair from Column A to Column B:

Column A Column B
(1) Y = AD (a) Level of output at full employment
(2) Forward Multiplier (b) Withdrawal of investment decreases income
(3) Paradox of Thrift (c) People save less or same as before
(4) Multiplier (k) < 1  (d) 0 < MPC < 1
[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

Which of the following are the definitions of money supply in India?

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

What can lead to change in budget set?

[2] Consumer Behaviour and Demand
Chapter: [2] Consumer Behaviour and Demand
Concept: undefined >> undefined

When the value of the currency falls as compared to other currencies, it is ______   

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

A decrease in Cash Reserve Ratio will lead to ______

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

Which of the following statement is true?

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

It is seen that the private consumption expenditure, private investment expenditure, and ex-ante savings have reduced the ______ in the economy.

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

What is the circumstance when aggregate output is determined solely by the level of aggregate demand called?

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

If TR is 1,00,000₹ when ₹20,000 units are sold, then AR is equal to:

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

The equilibrium level of income/output is established when ______

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

Toothpaste is a product of which type of market form?

[7] Balance of Payments
Chapter: [7] Balance of Payments
Concept: undefined >> undefined

Identify the correctly matched pair from Column A to that of Column B:

Column A Column B
(1) Investment Multiplier (a) C + I + G + (X − M)
(2) Marginal Propensity to Consume (b) `(ΔC)/(ΔY)`
(3) Marginal  Propensity to Save (c) `(ΔI)/(ΔY)`
(4) Aggregate Demand (d)  `(ΔS)/(ΔY)`
[2] Consumer Behaviour and Demand
Chapter: [2] Consumer Behaviour and Demand
Concept: undefined >> undefined

The slope of the supply curve is measured by ______. 

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

Aggregate demand can be increased by:

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

What is the saturation point?

[2] Consumer Behaviour and Demand
Chapter: [2] Consumer Behaviour and Demand
Concept: undefined >> undefined

When aggregate demand is greater than aggregate supply, inventories:

[4] Determination of Income and Employment
Chapter: [4] Determination of Income and Employment
Concept: undefined >> undefined

What is the full form of QRs?

[1] Introduction to Microeconomics
Chapter: [1] Introduction to Microeconomics
Concept: undefined >> undefined
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