CUET UG 2023 Economics Question Paper (28-May-2023) (Shift 3)

Question 1

Value Added Method of calculating aggregate annual value of goods and services is also called:

Accepted Answer

Product Method

Answer

Income Method

Answer

Expenditure Method

Answer

Cost and Revenue Method

Question 2

The RBI can influence money supply by changing _______ at which it gives loan to the commercial Banks.

Accepted Answer

Bank Rate

Answer

Promissory Rate

Answer

Lending Rate

Answer

Fixed Rate

Question 3

Match List - I with List - II:List - IList - II(A) Human Capital(I) Technical Progress(B) Physical Capital(II) Education and Health(C) Human Capital Formation(III) Human Well-being(D) Human Development(IV) Growth EnhancingChoose the correct answer from the options given below:

Accepted Answer

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

Answer

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

Answer

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

Answer

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

Question 4

At a particular price level, when aggregate demand for final goods equals aggregate supply of final goods, the product market reaches its:

Accepted Answer

Equilibrium level

Answer

Ex-ante consumption

Answer

Autonomous consumption

Answer

Investment multiplier

Question 5

Select the correct statement related to Alternate marketing channels:

(A) In the alternate marketing channels, Farmers sell their products directly to consumers.

(B) In the alternate marketing channels, Farmers sell their products directly to the Central Government.

(C) In the alternate marketing channels, Farmers sell their products to the Middle men.

(D) In the alternate marketing channels, Farmers sell their products directly to the whole sale market.

Choose the correct answer from the options given below:

Accepted Answer

(A) only

Answer

(B) only

Answer

(C) only

Answer

(D) only

CUET UG 2023 Economics Question Paper (28-May-2023) (Shift 3)

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List - I	List - II
(A) Human Capital	(I) Technical Progress
(B) Physical Capital	(II) Education and Health
(C) Human Capital Formation	(III) Human Well-being
(D) Human Development	(IV) Growth Enhancing