CUET-PG 2025 question paper

All 75 questions from the CUET-PG 2025 CUET-PG Economics paper. Open any question for the worked solution.

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1. Q1If the demand function is given as P = 110 - Q² and market equilibrium is attained at P₀ = 29 and Q₀ = 9, calculate the consumer surplus.
2. Q2The Pareto optimality criterion implies fulfillment of all the following conditions except
3. Q3The exports of goods of a country, G = G(t) has a growth rate of a/t, and its exports of services, S = S(t) has a growth rate of b/t. What is the…
4. Q4Which of the following statements is not correct?
5. Q5Assuming that the production function is homogeneous of degree one and Euler's equation holds, if MP_L (marginal product of labour) is greater than…
6. Q6Which of the following is incorrect about the problem of externalities?
7. Q7If the marginal cost of a firm is given as the function of output, C′(Q) = 2 e^(0.2Q) and if the fixed cost is 75, find the total cost function.
8. Q8Which of the following is excluded from headline inflation to arrive at core inflation?
9. Q9Which of the following is not considered in the calculation of GDP?
10. Q10In the case of classical economics, an increase in the nominal money stock causes
11. Q11Which of the following does not constitute liabilities of commercial banks in India?
12. Q12Which of the following is not correct about the effect of taxes on income and output?
13. Q13Which of the following is not correct about residential investment?
14. Q14The following are the reasons for firms to hold stock of inventories except
15. Q15Commercial banks in India are subject to a statutory liquidity requirement (SLR). Which of the following is not part of the SLR?
16. Q16Which of the following is not correct about the effectiveness of monetary and fiscal policies under perfect capital mobility?
17. Q17Which of the following is not correct about the steady state equilibrium for the economy according to neoclassical growth theory?
18. Q18In Solow's growth model, the output per capita is a function of
19. Q19If we twice flip a balanced coin, what is the probability of getting at least one head?
20. Q20Suppose that the random variable X takes on the values: -1, 0, and 2 with probability 1/8, 1/2 and 3/8. Find the expected value of X.
21. Q21What is the geometric mean of 2, 4 and 8?
22. Q22In correlation analysis, the two variables
23. Q23In statistics, standard error measures the
24. Q24If A and B are symmetric matrices of the same order, which one of the following is not correct?
25. Q25Given the two matrices A = [1 3; 2 8; 4 0] and B = [5; 9], find AB.
26. Q26Total foodgrain production (in million tonnes) in India for the year 2022-23 is
27. Q27In which of the following year India had a surplus in its current account?
28. Q28The direct tax to GDP ratio in India for the year 2022-23 is
29. Q29With respect to the landholding pattern in India, "medium" farmers refer to those who have a landholding in the range of
30. Q30Which of the following is not the correct assumption of Heckscher-Ohlin theory of international trade?
31. Q31Which of the following is not true about the Classical and Keynesian aggregate demand (AD) and aggregate supply (AS) schedules?
32. Q32Which of the following is not correct about the offer curves?
33. Q33One of the conditions for national income or output to be in equilibrium is that the desired investment (I) must equal the realised investment (Ir).…
34. Q34Linear regression model is
35. Q35Which of the following does not hold at the equilibrium price and quantity in a perfectly competitive market?
36. Q36In the context of the Keynesian concept of a multiplier, a $1 increase in government spending financed by a $1 increase in taxes will cause…
37. Q37An individual's utility function for two goods - milk (M) and butter (B) is given as U(M,B) = 5M - 10B and the cost of each unit of the two goods is…
38. Q38The statement that "currency held in the hand yields no income" is given by
39. Q39The decision by consumers to buy larger quantities of a good at each possible price can not be caused by
40. Q40Let the total cost (TC) = C = f(X) for a firm in the short run, which of the following expressions represents the correct relationship between…
41. Q41If the probability function for a random variable x is given as f(x) = (x+3)/15 when x = 1, 2 and 3. Find the sum of the values of the probability…
42. Q42Calculate the standard deviation for the following sample: 8, 7, and 9.
43. Q43Which of the following is not a type of non-random sampling?
44. Q44According to monetarist thought, the natural rate of unemployment and output is not determined by
45. Q45Expenditure towards the maintenance of embassies and diplomatic missions are included in which of the following account of the balance of payments.
46. Q46Arrange the following Chairman of the Finance Commission as per their year of appointment in chronological order starting from the oldest to latest…
47. Q47Arrange the following authors and their publications in chronological order starting from the oldest to latest: (A) P A Samuelson, "International…
48. Q48Arrange the following financial institutions as per their year of establishment in chronological order, starting from the oldest to latest: (A)…
49. Q49As per Union Budget 2024-25, arrange the following sources of revenue in ascending order in terms of their contribution to the overall revenue of…
50. Q50Arrange the following theories in chronological order starting from oldest to latest: (A) Keynesian Theory of Demand for Money (B) Quantity Theory…
51. Q51Arrange the following sectors in descending order as per the union government capital expenditure amount for FY2023-24: (A) Defence Services (B)…
52. Q52Arrange the following steps in the proper sequence concerning the solution of a linear programming problem: (A) Graph each constraint as though it…
53. Q53Arrange the following theories in chronological order, starting from oldest to the latest: (A) The Rybczynski Theorem (B) Product Cycle Model (C)…
54. Q54Arrange the following scholarly contributions in their chronological order starting from the oldest to latest: (A) Kaldor-Hicks Compensation…
55. Q55Arrange the following components of monetary aggregates in descending order as per their liquidity: (A) currency notes (B) demand deposits (C) time…
56. Q56Which of the following statements are correct about the IS curve? (A) It shows the combination of the interest rate and the level of income such…
57. Q57Which of the following statements are correct about the money multiplier? (A) It is the ratio of the stock of money to the stock of high powered…
58. Q58Life cycle theory of consumption postulates that (A) Consumption is constant throughout lifetime. (B) Marginal propensity to consume out of…
59. Q59The Kinked demand curve model can explain (A) the level at which price will be set by firms to maximize profits. (B) the level of price at which the…
60. Q60Which of the following are applicable to the individual's expenditure function? (A) it is homogeneous of degree zero in all prices. (B) it…
61. Q61Which of the following are correct in the context of monopolistic competition? (A) monopolistic competitive firms may earn economic profits or incur…
62. Q62Coefficient of determination measures (A) correlation between the dependent and independent variables. (B) the residual sum of squares as a…
63. Q63Which of the following statements are correct about the contrast between pure public and pure private goods? (A) The total provision of pure private…
64. Q64According to the law of comparative advantage, trade will not be beneficial for both countries if (A) one nation is less efficient than the other…
65. Q65In the Keynesian framework, determination of an equilibrium interest rate also implies (A) the rate that equates the supply of and the demand for…
66. Q66Match List-I (Book(s)) with List-II (Author(s)): List-I: (A) The Economics of Imperfect Competition; (B) Theory of Monopolistic Competition; (C)…
67. Q67Match List-I (Types of Interval for variable x) with List-II (Mathematical Representation, given a,b ∈ ℝ with b>a): List-I: (A) Closed Interval; (B)…
68. Q68Match List-I (Concepts) with List-II (Formula): List-I: (A) Weighted Mean; (B) Grand Mean of Combined Data; (C) Harmonic Mean; (D) Geometric Mean.…
69. Q69Match List-I (Nature of Skewness for a Distribution) with List-II (Relationship between Arithmetic Mean (AM), Median and Mode): List-I: (A)…
70. Q70Match List-I (Types of Production Functions) with List-II (Their Functional Forms): List-I: (A) Translog Production Function; (B) Generalised…
71. Q71Match List-I (Concepts) with List-II (Their meaning): List-I: (A) Foreign Exchange Swaps; (B) Forward Transaction; (C) Foreign Exchange Futures; (D)…
72. Q72Match List-I (Categories of Time Series Patterns) with List-II (Their meaning): List-I: (A) Seasonal Variation; (B) Random Fluctuation; (C) Business…
73. Q73Match List-I (Measures of Money Supply) with List-II (Components): List-I: (A) M3; (B) M2; (C) M1; (D) M4. List-II: (I) Currency held by the public…
74. Q74Match List-I (Types of Deficit) with List-II (Level as % of GDP for FY2021): List-I: (A) Revenue Deficit; (B) Fiscal Deficit; (C) Primary Deficit…
75. Q75Match List-I (Name of State) with List-II (Dependency Ratio for 2023-24): List-I: (A) Andhra Pradesh; (B) Bihar; (C) Kerala; (D) Uttar Pradesh.…