CUET-PG 2023 Shift 1 question paper
All 75 questions from the CUET-PG 2023 Shift 1 CUET-PG Economics paper. Open any question for the worked solution.
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- Q26Given below are two statements: Statement I: In the simple linear regression model with an intercept, the regression slope when multiplied by the…
- Q27Which one of the following is the principal operating instrument of monetary policy of RBI currently?
- Q28A function is strictly concave in the interval I, if for all a, b ∈ I and λ ∈ (0, 1) 1. f[(1-λ)a + λ b] > (1-λ)f(a) + λ f(b) 2. f[(1-λ)a + λ b] <…
- Q29Which body decides the share of states in the tax revenues of the Centre in India?
- Q30Daniel Thorner referred to colonial investment in _ as "private investment at public risk".
- Q31In correlation analysis, we measure the 1. degree of linear association between two variables 2. degree of causation between two variables 3.…
- Q32Given the assumptions of the classical linear regression model, the ordinary least square estimators possess some optimum properties -- given in the…
- Q33The fiscal deficit, revenue deficit and interest payments of a country are Rs 53,344, Rs 34,355 and Rs 10,144 crores respectively. What is the…
- Q34For the utility function u(x, y) = xy and given budget constraint M = pₓ x + p_y y, what is the optimum bundle of consumption of x and y?
- Q35The expansion path identifies 1. the least-cost combination of inputs required to produce various levels of output 2. the firm's demand curve for…
- Q36The data on State Domestic Product are collected for one state of India for the period 1990 to 2010. Such a dataset is an example of: 1.…
- Q37Given below are two statements: Statement I: In the short-run, the rising part of the marginal cost curve is due to diminishing marginal product.…
- Q38Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): Coase theorem states that…
- Q39Consider an economy with perfect capital mobility, fixed price level and fixed exchange rate. What will be the effect of a rise in foreign interest…
- Q40Match List-I with List-II: List-I: (A) The shape of an indifference curve for two bads; (B) The shape of an indifference curve for one good and one…
- Q41Match List-I with List-II: List-I: (A) Evolution of Provincial Finance in British India; (B) Essays on Indian Economics; (C) Hind Swaraj; (D)…
- Q42Match List-I with List-II: List-I: (A) Mode; (B) Quartile deviation; (C) Correlation coefficient; (D) Standard error List-II: (I) Measure of…
- Q43A general linear programming problem which is a maximization problem in two decision variables (x1 and x2) and two resource constraints (b1 and b2)…
- Q44Arrange the following in chronological order starting with the earliest: (A) Nationalization of banks (B) Establishment of RBI (C) Launch of MNREGA…
- Q45Arrange the books in chronological order of publication: (A) Theories of Surplus Value (B) The General Theory of Employment, Interest and Money (C)…
- Q46Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): The inverse of y = f(x) =…
- Q47Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): According to the first…
- Q48Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): A club good is non-rival…
- Q49Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): While calculating GDP using…
- Q50Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R): Assertion (A): For a differential equation…
- Q51Given below are two statements: Statement I: When the demand curve shifts: if the supply curve is steeper, then the price change is larger and the…
- Q52Given below are two statements: Statement I: Let (x₁, x₂) be the chosen bundle when prices are (p₁, p₂) and let (y₁, y₂) is some other bundle such…
- Q53Given below are two statements: Statement I: In 2020 a farmer purchased 5 new tractors at Rs 2,00,000 each. He sold his 5 old tractors to other…
- Q54Given below are two statements: Statement I: The price consumption curve is negatively sloped for a Giffen good. Statement II: All Giffen goods are…
- Q55Given below are two statements: Statement I: When the economy is in liquidity trap, the LM curve is horizontal. Statement II: Fiscal policy is…
- Q56Match List-I with List-II: List-I: (A) Cournot Nash equilibrium; (B) Stackelberg model; (C) Kinked-demand curve model; (D) Bertrand model List-II…
- Q57Match List-I with List-II: List-I: (A) Phillips curve; (B) Vertical AS curve; (C) Golden rule level of savings; (D) Ricardian equivalence List-II…
- Q58Match List-I with List-II: List-I: (A) Corporate insolvency resolution process; (B) Nationally Determined Contribution; (C) Finance Commission; (D)…
- Q59Consider the following for natural monopoly: (A) When the firm's average cost of producing a good continuously declines, a natural monopoly arises.…
- Q60The following is related to land revenue settlements in colonial India: (A) Bengal and Bihar had Permanent land revenue settlement, UP and Punjab…
- Q61A kinked demand curve under oligopoly necessarily implies (A) a discontinuity in the marginal revenue schedule (B) a gap in the marginal cost…
- Q62Consider a two-sector model: Smaller the marginal propensity to save (MPS), (A) Steeper saving function (B) Smaller value of the multiplier (C)…
- Q63Match List-I with List-II: List-I: (A) Dandi March; (B) Swadeshi Movement; (C) Champaran Movement; (D) Deccan Riots List-II: (I) Peasant…
- Q64The sequence in chronological order of the events in world economy starting from the earliest is: (A) East Asian Financial Crisis (B) Outbreak of…
- Q65The sequence of wage-price flexibility approach of Pigou is: (A) Wages and prices decline (B) Real value of assets increases (C) Cost decline and…
- Q66For the per capita production function y = k⁰·⁵; what is the level of capital per capita at steady state assuming depreciation (δ) = 0.1 and rate of…
- Q67LM curve represents the locus of all those combinations of y and i which satisfy M/P = L(y, i) for given values of M and P. What is the value of…
- Q68Suppose that the manager of a store estimates the probability of any customer entering the store making a purchase is 0.3. What is the expected…
- Q69For a random variable X, it is given that E(X²) = 16 and E(X) = 2. What is the value of variance for this distribution?
- Q70One of the assumptions of the classical linear regression model is that all the values of the explanatory variable X must 1. all be positive 2. not…
- Q71The solution of the difference equation xₜ = 1/2xₜ₋₁ + 3 is 1. xₜ = (1/2)^t (x₀ - 6) + 6 2. xₜ = (1/2)^t (x₀ - 3) - 2 3. xₜ = (1/2)^t (x₀ - 6) - 6…
- Q72The demand for money L = 0.25Y and the supply of money M/P = 500. In this case 1. the LM curve is vertical and defined by Y = 2000 and this defines…
- Q73Suppose the expected rate of inflation in India is 10% whereas that in US is 4%. What is the expected rate of depreciation of Indian rupee vis-a-vis…
- Q74The economy of INDUS grows at 6% per annum and its investment ratio is 31.2%. What is the capital output ratio of this economy, by the assumptions…
- Q75Including the Governor of the Reserve Bank of India, how many members are there in the Monetary Policy Committee?
- Q76The Committee to review the working of monetary system headed by _ recommended monetary targeting in India.
- Q77According to the Baumol-Tobin transaction demand for money approach, the optimum number of transactions is 1. inversely related to income and…
- Q78If a_(LX)/a_(LY) and a′_(LX)/a′_(LY) are the opportunity costs of producing X in terms of Y in countries A and B, and p_X/p_Y is the international…
- Q79For a random variable X, E(X-μ)⁴ = 16 [where μ = E(X) ] and E(X-μ)² = 2. What is the value of Kurtosis for this variable?
- Q80A consumer has a demand function for good X given by D(P) = 100 - P. Where P is the price of good X. If the price of good X is Rs.50, the value of…
- Q81The currency to deposit ratio of an economy is 0.2 and the reserve to deposit ratio is 0.1. The value of the money multiplier is
- Q82Suppose z = f(x, y) is homogeneous of degree k. Which of the following statements is true? 1. (∂ z)/(∂ x) is homogeneous of degree (k-2) 2. (∂²…
- Q83Second-order Taylor series approximation of f(x) = ln (1+x) at x = 0 is 1. x - x²/2 2. x + x²/2 3. -x - x²/2 4. -x + x²/2
- Q84Tobin's q ratio refers to 1. the ratio of the market value of the firm's assets to the cost of producing those assets 2. the ratio of the cost of…
- Q85Suppose that for a random sample of size 10, the value of covariance between two variables X and Y is 100 and the standard deviations of X and Y are…
- Q86Given below are two statements: Statement I: Between 1901-1951 in India, the relative product per worker in industry increased from above average to…
- Q87Match List-I with List-II: List-I [Utility functions U(x₁, x₂) ]: (A) C x₁^a x₂^b; (B) (x₁+2)(x₂+1); (C) ax₁ + b√(x₂); (D) (x₁^a + x₂^a)^b List-II…
- Q88Let A = [p -q; q p] be a 2 x 2 matrix. (A) The rank of matrix A given by r(A) is 3 (B) Matrix A is orthogonal if and only if p² + q² = 1 (C)…
- Q89Which of the following points lie in the convex set of points (2, 3) and (4, 1)? (A) (3.6, 1.4) (B) (1.2, 3.8) (C) (2.4, 2.6) (D) (0.4, 4.6) Choose…
- Q90Consider a competitive market: Suppose per unit commodity tax is imposed on the sellers, (A) a tax on the commodity creates a wedge between the…
- Q91Arrange the following in the order of occurrence starting from the earliest to the latest: (A) Ayushman Sahakar Scheme (B) Samarth Scheme or Scheme…
- Q92∫ ((e^(8ln x) - e^(4ln x))/(e^(4ln x) - e^(2ln x))) dx 1. (e^(8x) - e^(4x))/(e^(4x) - e^(2x)) + C 2. x⁵/5 + x³/3 + C 3. x⁵/5 - x³/3 + C 4. (e^(4x)…
- Q93An industry has two firms. They face an inverse demand function P = 200 - 4Q and a constant unit cost of Rs.8.0. The Cournot duopoly equilibrium…
- Q94The simple neoclassical Solow model assumes 1. Hicks-neutral technological change 2. Harrod-neutral technological change 3. Solow-neutral…
- Q95∫ 100^x dx =? 1. 100^x/(ln 100) + C 2. x¹⁰⁰/(ln 100) + C 3. (100^(x+1))/(x+1) + C 4. (100^(x-1))/(x-1) + C
- Q96Find dy/dx if x√(1+y) + y√(1+x) = 0. 1. (-1)/((1+x)²) 2. 2/((1+x)) 3. (-1)/(√(1+x)) 4. (1+x)/(1+y)
- Q97Suppose the slope coefficient in regression of Y on X is 15. What will be the slope coefficient in regression of Y + 10 on X - 5?
- Q98Suppose the distribution of weights of students in a college is normal with mean 60 kg and standard deviation 3 kg. Which of the following areas…
- Q99If you draw a random sample of size 25 from a population whose standard deviation is 10, what will be the standard error of sample mean?
- Q100Fully sterilized intervention by the Central Bank at the time of capital inflows leads to which of the following changes in Central Bank Balance…