CUET (UG) 2023 Economics Previous Year Paper (10-June-2023) Shift 3

Question 1

Arrange the following series of events related to China in order of their occurrence:
A. Structural Reforms
B. Great Leap Forward
C. Great Proletarian Cultural Revolution
D. Republic of China under one-party rule
E. One-child policy

Accepted Answer

D-B-C-A-E

Answer

A-B-C-A-E

Answer

D-C-B-A-E

Answer

A-C-B-E-E

Question 2

Privatisation of the public sector enterprises by selling off part of the equity of PSEs to the public is known as

Accepted Answer

Disinvestment

Answer

Demonetisation

Answer

Liberalisation

Answer

Privatisation

Question 3

Sunil Kumar went to his bank to deposit ₹10,00,000. On acceptance of this deposit by the ICICI Bank, RBI asked the ICICI Bank to keep ₹2,00,000 as reserves. The amount of ₹2,00,000 represents:

Accepted Answer

Cash Reserve Ratio (CRR)

Answer

Statutory Liquidity Ratio (SLR)

Answer

Internal Rate of Return (IRR)

Answer

Legal Requirements (LR)

Question 4

Tax imposition on goods leads to a proportionate rise in prices. This effect is known as:

Accepted Answer

Cascading Effect

Answer

Progressive Effect

Answer

Recessive Effect

Answer

Proportionate Effect

Question 5

Investment that firms are planning to invest in an economy is known as:

Accepted Answer

Ex-ante Investment

Answer

Ex-post Investment

Answer

Ex-post Saving

Answer

Ex-ante Saving

CUET (UG) 2023 Economics Previous Year Paper (10-June-2023) Shift 3

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