CUET-PG 2022 question paper

All 75 questions from the CUET-PG 2022 CUET-PG Economics paper. Open any question for the worked solution.

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1. Q26Bandwagon effect makes demand more.
2. Q27With reference to the Bertrand model, which of the following is correct?
3. Q28If the demand for agricultural products is inelastic, then
4. Q29A fall in the price of a commodity whose demand curve is a rectangular hyperbola causes total expenditures on the commodity to
5. Q30The Engel curve for a Giffen good is
6. Q31In the case of price leadership by the dominant firm, all the firms in the purely oligopolistic industry will produce their best level of output
7. Q32The Golden Rule rate of savings refers to
8. Q33The best or optimum level of output for a perfectly competitive firm is given by the point where
9. Q34Aggregate demand is
10. Q35The demand for money is
11. Q36The user cost of capital is:
12. Q37When α = 3/4 and β = 1/4 for the Cobb Douglas production function, returns to scale are
13. Q38The natural rate of unemployment equals the sum of:
14. Q39Which of the following statements is correct?
15. Q40According to the Phillips curve, unemployment will return to the natural rate when:
16. Q41The coefficient of Non-determination is equal to
17. Q42If the two lines of regression are perpendicular to each other then the value of coefficient of correlation is
18. Q43The number of terms in the expansion of the binomial distribution (a + b)⁴ is
19. Q44What is the integral of csc² x with respect to x?
20. Q45For the set A = {3, 4}, find Power Set P(A)
21. Q46If the international terms of trade settle at a level that is between each country's opportunity cost, then
22. Q47Haberler's theory of opportunity cost is represented by
23. Q48An exchange rate which also takes into account the relative prices of products in the countries being compared is known as
24. Q49Which of the following is consistent with the idea of expansionary fiscal policy?
25. Q50Find the minor of element 8 in the determinant Δ = |1 4 6; 2 5 9; 8 7 12|
26. Q51For the total cost function C = 1000 + 120x + 14x² + x³, find marginal cost function.
27. Q52If the value of standard deviation is 3 and that of arithmetic mean is 9 then find the value of coefficient of variation:
28. Q53For an economy, the marginal propensity to consume is 3/4 and the marginal tax rate is 1/9, the value of multiplier is
29. Q54In which year was the Kisan Credit Card started?
30. Q55If one of the regression coefficients value is greater than 1, then the value of the second regression coefficient must be
31. Q56On the imposition of a tariff, the welfare of a country improves
32. Q57In a symmetrical distribution the value of coefficient of Skewness is.
33. Q58Rural landless employment guarantee program was launched in the year
34. Q59Consumption: C = 100 + 0.8Y; I = 50. The output produced by the economy is 800. The level of unplanned inventories is
35. Q60Match List I with List II. List I (A) Investment Multiplier (B) Employment Multiplier (C) Restatement of the quantity theory of money (D) Supply…
36. Q61Match List I with List II. List I (A) Vicious Circle of poverty (B) Development with unlimited supplies of Labour (C) Critical minimum effort thesis…
37. Q62Under which Sustainable Development Goal, energy is included?
38. Q63What has been the growth rate of the world economy in 2021?
39. Q64Match List I with List II. List I (A) Canon of Taxation (B) Infant industry Argument (C) Differential Incidence (D) Elasticity of demand. List II…
40. Q65Ramesh and Suresh constructed their new house in this year. In the national income accounting this transaction is considered as
41. Q66Given below are two statements: Statement I: Narasimhan Committee recommended reduction of SLR (Statutory Liquidity Ratio) and CRR (Cash Reserve…
42. Q67Given below are two statements: Statement I: Zamindari system was introduced by Lord Cornwallis. Statement II: Under Zamindari system village land…
43. Q68Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: There is automatic change in the…
44. Q69Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: India's public sector helped in…
45. Q70Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Theory of social goods provides…
46. Q71Country A requires 2 units of labour to produce a unit of X and 5 units to produce a unit of Y; whereas country B require 3 units of labour to…
47. Q72According to the Pareto Criterion, a movement from state A to state B is desirable:
48. Q73Match List I with List II. List I (A) Industrial District (B) Kinked Demand Curve (C) Principles of maximum social advantage (D) Law of invisible…
49. Q74Match List I with List II. List I (A) Inventory Theoretic Approach (B) Liquidity Preference as a behaviour towards risk (C) Money as a temporary…
50. Q75Match List I with List II. List I (A) Monopolies Inquiry Commission (B) Monopolies and Restrictive Trade Practices Act (MRTP Act) (C) The…
51. Q76Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: Green Revolution benefited only…
52. Q77Match List I with List II. List I (A) Principle of Absolute Advantage (B) Effects of factor endowment charges on trade (C) Theory of reciprocal…
53. Q78Match List I with List II. List I (A) Wealth of Nations (B) Treatise on Money (C) In defence of globalization (D) Principles of Political Economy…
54. Q79Match List I with List II. List I (A) Permanent Income Hypothesis (B) Inter-temporal consumption models (C) Relative Income Hypothesis (D) Absolute…
55. Q80Given below are two statements: Statement I: If rows and columns are interchanged and columns into rows the value of the determinant remains…
56. Q81Given below are two statements: Statement I: The statistical constant of the population are known as parameters. Statement II: The square root of…
57. Q82Given below are two statements: Statement I: Monopolistic competition involves many sellers of homogeneous products. Statement II: The oligopoly…
58. Q83Given below are two statements: Statement I: An Adverse supply shock reduces the marginal productivity of labor. Statement II: Output in the short…
59. Q84Given below are two statements: Statement I: A rise in the rate of inflation means that the percentage rise in average prices is higher than the…
60. Q85Given below are two statements: Statement I: The number of exchange possibilities that exist in a money economy exceeds the number in a barter…
61. Q86Given below are two statements: Statement I: The main features of the Industrial Policy - 1991 includes abolition of industrial licensing…
62. Q87Match List I with List II. List I (A) National Rural Employment Programme (NREP) (B) Sukanya Samridhi Yojana (C) Food for work programme (FWP) (D)…
63. Q88Who propounded the "Jail Cost of Living Method" for determining the poverty line?
64. Q89Consider the following statements regarding arguments for free trade: A. Free trade leads to maximization of output, income and employment. B. Free…
65. Q90The core principle of multilateral trading system is: A. Non-discrimination B. Reciprocity C. Protectionism D. Domestic safeguard. Choose the…
66. Q91Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R. Assertion A: India has a big potential…
67. Q92Given below are two statements: Statement I: A common resource is rival and non-excludable. Statement II: A public good is non-rival and…
68. Q93Fiscal policy relates to the Government decision in respect of: A. Taxation B. Government spending C. Government borrowing D. Repo rate. Choose the…
69. Q94The following data of an economy is given: C = 1000 + 0.8Y; I = 500. The equilibrium level of output is
70. Q95The first derivative of x^x is
71. Q96The expected value of x for the probability distribution function of the random variable given below is: x=3, f(x)=0.25; x=6, f(x)=0.50; x=9…
72. Q97A standard normal distribution refers to a random variable that has a
73. Q98FRBM Act, 2012 puts a ceiling to fiscal deficit of GDP at
74. Q99The locus of combination of output interest rate where the assets market is in equilibrium, is
75. Q100Starting from the earliest arrange the following in chronological order: A. Global Financial Crisis B. East Asian Cries C. Great Depression D. Gold…