CUET-PG 2018 question paper
All 73 questions from the CUET-PG 2018 CUET-PG Economics paper. Open any question for the worked solution.
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- Q26Which one of the following is less likely to be affected by extreme values?
- Q27Which of the following can be described as a categorical variable?
- Q28Suppose an n -value series x₁,x₂,…,xₙ has standard deviation σ. The standard deviation of x₁+k, x₂+k,…,xₙ+k would be
- Q29Let x₁,…,xₙ be a random sample from N(μ,σ²). What is the sampling distribution of (x̄-μ)/(s/√n)?
- Q30The 'school of economics' found that 60% of its students want to register in Business Economics, 70% want to register in Financial Economics, and…
- Q31A store sells from 0 to 12 mobile phones per day. The amount for daily mobile phone sales in this case is a
- Q32If the mean age and variance of a class of 100 students are 20 and 25 respectively, the coefficient of variation (CV) would be
- Q34The level of significance is the
- Q35In a sample of 300 students in a university, 60 students are economics majors. Based on this information, the 'University Weekly' reported that '20…
- Q36A bet is said to be a fair bet when its
- Q37You play a game with a single fair die: you win Rs.20 if a 3 turns up, Rs.40 if a 5 turns up, lose Rs.30 if a 6 turns up, and neither win nor lose…
- Q38Suppose the mean and median salaries of workers are Rs. 60 and Rs. 45 respectively, and the sample standard deviation is Rs. 5. The coefficient of…
- Q39The coefficient of correlation (ρ) should be
- Q40The fitted regression is Y=-15+0.75X. What is the value of the residual at the point X=30, Y=50?
- Q41Suppose the standard deviations of X and Y are 2.5 and 1.25 respectively, and the covariance between X and Y is 0.80. The correlation coefficient of…
- Q42If the quantity demanded of a product increases from 40000 to 48000 per year when per-capita income increases from Rs. 30000 to Rs. 33000 per year…
- Q43f(x)=4x³-5x²+10 implies
- Q44The sum of the diagonal elements of a square matrix is known as the
- Q45Let y=x⁴-6x³+4x²-13. At x=4, the function is
- Q46Evaluating lim_(x→ 0)(√(1+x)-√(1-x))/x yields
- Q47Differentiate the function y=√(x²+1).
- Q48Let f(x)=(x-|x|)/x for x≠ 0 and f(0)=2. Then f is
- Q49The transpose of a square matrix is a
- Q50Matrix A has order 5× 3 and matrix B has order 3× 2. The product matrix AB has order
- Q51Find the consumer surplus at Q=5 for the demand function P=30-4Q.
- Q52Which of the following is NOT a property of linear programming?
- Q53A graph showing all the combinations of goods and services that can be produced if all of society's resources are used efficiently is a
- Q54Suppose the demand for good Z goes up when the price of good Y goes down. We can say that goods Z and Y are
- Q55A shift in the demand curve (in the traditional price-quantity space) to the left may be caused by (assume the good is normal)
- Q57The market for shirts is in equilibrium. If the price of cotton decreases, the equilibrium price and quantity (respectively) of shirts will
- Q58Which of the following is not a macroeconomic issue?
- Q59France experiences an improvement in productivity due to the introduction of improved technology. In terms of France's production possibility…
- Q60Energizer batteries and Duracell batteries are substitutes. Energizer cuts supply and raises the price of its batteries. For Duracell, the…
- Q61The demand for JIF peanut butter will decrease if there is an increase in
- Q62A 10% increase in the price of video games results in a 5% decrease in quantity demanded. The price elasticity of demand is _, demand is _, and…
- Q63When an economy uses all its resources fully in production, then
- Q64Chicken and fish are substitutes. If the price of chicken increases, the demand for fish will
- Q65The price of a bus ride decreases, but the total revenue of the bus company decreases. The demand for bus rides is
- Q66The simple Keynesian model
- Q67When moving from gross domestic product to gross national product, one has to
- Q68In the simple Keynesian model, if the equilibrium level of income is Rs. 300 billion, the MPC is 0.75, and government expenditures increase by 20…
- Q69In the liquidity-trap case where the LM schedule is nearly horizontal,
- Q70Monetary policy will be
- Q71The main decision for a profit-maximising perfectly competitive firm is not what _ but what _.
- Q72Molly the monopolist faces an elastic demand curve. If she decreases price, marginal revenue will be _ and total revenue will _.
- Q73Consumer surplus is
- Q74Compared to a competitive industry, a monopoly transfers
- Q75Firms in an oligopoly: (i) are independent of each other's actions; (ii) can each influence the market price; (iii) charge a price equal to marginal…
- Q76Opportunity cost, most broadly defined, is
- Q77The accelerator theory of investment says that induced investment is determined by
- Q78As the MPS increases, the multiplier will
- Q79For which of the following market structures is it assumed that there are barriers to entry?
- Q80A market with few entry barriers and with many firms that sell differentiated products is
- Q81A Giffen good
- Q82Fiscal policy refers to
- Q83An increase in the demand for an imported commodity subject to a given import quota
- Q84If a nation gains from trade, its consumption point is
- Q85A country possesses a comparative advantage in the production of a product if
- Q86Which of the following is NOT a proposition of the Heckscher-Ohlin model?
- Q87The Heckscher-Ohlin trade theory explains most of the trade
- Q88We say that commodity Y is K-intensive with respect to X when
- Q89Reserve money is the sum of
- Q90Which of the following statements is not true with reference to the RBI's Sixth bi-monthly Monetary Policy Statement for 2017-18 announced on 7…
- Q91The process by which the RBI or any central bank protects the economy against adverse economic shocks is known as
- Q92Which of the following is not an asset held by a commercial bank?
- Q93Which among the following industrial policies was based upon the Mahalanobis model of growth?
- Q94The Mahatma Gandhi National Rural Employment Guarantee Act mandates at least what fraction of the beneficiaries to be women?
- Q95India's first operational special economic zone (SEZ) is located at
- Q96India had a plan holiday
- Q97The Rolling Plan was designed for the period
- Q98The National Food for Work Programme, launched in 150 districts of India in 2004, was later subsumed in which of the following programmes?
- Q99The Indian Green Revolution is most successful in
- Q100Match the following pairs: 1. Labour theory of value; 2. Concept of opportunity cost; 3. Differences in factor prices; 4. Community indifference…