CUET-PG 2019 question paper

All 75 questions from the CUET-PG 2019 CUET-PG Economics paper. Open any question for the worked solution.

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1. Q26The average product curve reaches its maximum when
2. Q27Which of the following states in India has the highest overall life expectancy at birth?
3. Q28According to the Solow model, _ is a function of capital.
4. Q29The Government of India established NITI Aayog to replace the
5. Q30A firm is supposed to shut down in the short run if
6. Q31Open Market Operations are the purchase and sale of securities between
7. Q32When a matrix is multiplied by an identity matrix, we obtain the
8. Q33In the case of a negative externality, the social marginal cost will
9. Q34The slope of the consumption curve represents
10. Q35Given the data set [ 2 4 3 6 1 8 9 2 5 7 ], what is the value of the median?
11. Q36In which approach to probability are the outcomes equally likely to occur?
12. Q37A firm in a perfectly competitive market will continue its production until
13. Q38The size of the expenditure multiplier increases with an increase in
14. Q39The book 'Economic History of India', which states that 'if India is poor today it is through the operation of economic causes', was written by
15. Q40Which of the following is an identity matrix?
16. Q41A Pareto-efficient equilibrium makes:
17. Q42Which of the following states that higher incomes in middle age are associated with higher savings ratios to finance consumer expenditure in…
18. Q43A unique characteristic of the oligopolistic market structure is
19. Q44Which of the following organisations looks after the credit needs of agriculture and rural development in India?
20. Q45Linear Programming theory states that the optimal solution to any problem will lie at
21. Q46A graph showing all the combinations of capital and labour that can be used to produce a given amount of output is
22. Q47The coefficient of correlation will always be
23. Q48The private market will not provide enough of a pure public good because of
24. Q49When the price of good X rises, the demand for good Y falls. Therefore goods X and Y are
25. Q50According to Keynes, consumption expenditure is a function of
26. Q51The collection of one or more outcomes from an experiment is called
27. Q52Which of the following estimates the National Income in India?
28. Q53For a consumer, the marginal utilities of commodities X and Y are 50 and 100, and the price of Y is Rs.20. If the consumer is in equilibrium, the…
29. Q54In which of the following are exchange rates determined by the relative demand and supply of currencies?
30. Q55The marginal propensity to consume in a two-sector model is 0.8. The expenditure multiplier value will be
31. Q56Super multiplier refers to
32. Q57The situation where output increases by less than the proportional change in all inputs is called
33. Q58The sum of currency held by the public, the reserves with the central bank, and other deposits with the central bank refers to
34. Q59The Phillips curve indicates the association of
35. Q60The total revenue function of a monopolist with marginal revenue function MR = 10 - 4Q is
36. Q61Which of the following suggests that changes in the price level are directly related to changes in the money supply?
37. Q62The combinations of interest rates and aggregate output for which the quantity of money demanded equals the quantity of money supplied is shown by the
38. Q63Let A and B be two events with P(A)=0.25 and P(B)=0.5. The probability of both occurring together is 0.14. Then the probability of both A and B not…
39. Q64If the chosen medium of exchange has no intrinsic value and is accepted as money because of faith, it is called
40. Q65According to the purchasing-power-parity theory, which of the following would most likely cause depreciation of a nation's currency?
41. Q66Which of the following is the central nodal agency for implementing price-support operations for commercial crops in India?
42. Q67The Mundell-Fleming model shows that the power of monetary and fiscal policy to influence aggregate demand depends on the
43. Q68The comparative-advantage theory of trade is associated with
44. Q69Which of the following is not part of fiscal policy?
45. Q70The distribution of the overall tax burden between sellers and buyers in an economy is known as
46. Q71According to the theory of comparative advantage, a country should specialise in and export goods with
47. Q72Which among the following was the main objective of the Fiscal Responsibility and Budget Management Act, 2003?
48. Q73The value of one currency in terms of another currency is known as
49. Q74The convexity of the indifference curve is because of
50. Q75A matrix is said to be singular if
51. Q76Which of the following transactions does not represent a debit transaction in the balance of payments of a country?
52. Q77An equation of the form Yₜ - 1.2Yₜ₋₁ = 0 is a
53. Q78Urban co-operative banks in India are governed by
54. Q79The causal relationship between two variables is analysed using
55. Q80Revealed preference theory was proposed by
56. Q81The mean of 11 numbers is 7. One of the numbers, 13, is deleted. What is the mean of the remaining 10 numbers?
57. Q82The graphical representation of the relationship between tax rates and the absolute revenue raised by the government through these taxes is known as…
58. Q83The accelerator effect refers to the effect of
59. Q84In a frequency distribution, if the mean is less than the mode, and the median is greater than the mean but less than the mode, the distribution is…
60. Q85The systematic record of all economic transactions between the residents of a country and the rest of the world for a specified period of time is…
61. Q86If the occurrence of one event means that another cannot happen, then the events are
62. Q87The portion of deposits banks have to park with the Reserve Bank of India is known as the
63. Q88The likelihood of two events happening together is known as
64. Q89The sampling distribution of the mean is a distribution of
65. Q90Which among the following is not an indirect tax?
66. Q91The parameter that determines the shape of the chi-square distribution is known as the
67. Q92Primary deficit in a budget indicates
68. Q93The Heckscher-Ohlin theory explains comparative advantage as the result of differences in countries'
69. Q94A discrete probability distribution may be represented by
70. Q95The Direct Taxes Code is related to
71. Q96For independent events A and B it is known that P(A| B)=0.2 and P(B| A)=0.5. Compute P(A∪ B).
72. Q97Autarky is a situation of
73. Q98Which of the following applies to 'externalities'?
74. Q99The total reduction in output due to the imposition of a tax is known as
75. Q100The difference between what a consumer is willing to pay and what the consumer actually pays to buy a commodity is called