CUET PG 2026 Commerce Question Paper (11-Mar-2026) (Shift 3)

Question 1

In case of inferior goods, the income elasticity of demand is :

Accepted Answer

Negative

Answer

Positive

Answer

Zero

Answer

Infinite

Question 2

"Economics is the study of how men and society choose, with or without the use of money, to employ scarce productive resources which could have alternative uses, to produce various commodities over time, and distribute them for consumption now, and in the future, among various people and groups of society." This definition of economics is given by :

Accepted Answer

Prof. Samuelson

Answer

Lionel Robbins

Answer

Dr. Alfred Marshall

Answer

Adam Smith

Question 3

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A) : The average fixed cost curve is a rectangular hyperbola.
Reason (R) : Multiplication of average fixed cost with the quantity of output produced, always yields a fixed value.
In the light of the above statements, choose the most appropriate answer from the options given below :

Accepted Answer

Both (A) and (R) are correct and (R) is the correct explanation of (A)

Answer

Both (A) and (R) are correct but (R) is not the correct explanation of (A)

Answer

(A) is correct but (R) is not correct

Answer

(A) is not correct but (R) is correct

Question 4

Match List - I with List - II.List - IList - IIA. The distribution of Wealth (1899)I. Joan RobinsonB. Mordern theory of RentII. MarshallC. Quasi RentIII. David RicardoD. Rent accrue to land due to original and indestructible power of the soilIV. J.B. ClarkChoose the correct answer from the options given below :

Accepted Answer

A-IV, B-I, C-II, D-III

Answer

A-I, B-II, C-IV, D-III

Answer

A-II, B-III, C-I, D-IV

Answer

A-III, B-IV, C-I, D-II

Question 5

Which of the following does not own Regional Rural Banks in India ?

Accepted Answer

NABARD

Answer

Sponsor Bank

Answer

Central Government

Answer

Concerned State Government

CUET PG 2026 Commerce Question Paper (11-Mar-2026) (Shift 3)

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List - I	List - II
A. The distribution of Wealth (1899)	I. Joan Robinson
B. Mordern theory of Rent	II. Marshall
C. Quasi Rent	III. David Ricardo
D. Rent accrue to land due to original and indestructible power of the soil	IV. J.B. Clark