CUET PG Economics Previous Paper (2022 Shift-1)
For the following questions answer them individually
Given below are two statements :
Statement I : The statistical constant of the population are known as parameters.
Statement II : The square root of the standard deviation of the sampling
distribution of a statistic is known as the standard error.
In the light of the above statements, choose the most appropriate answer from
the options given below:
Given below true two statements :
Statement I : Monopolistic-competition involves many sellers of homogeneous
products.
Statement II : The oligopoly involves some producers of standardized or differentiated products.
In the light of the above statements, choose the correct answer from the options given below:
Given below are two statements :
Statement I: An Adverse supply shock reduces the marginal productivity of
labor.
Statement II : Output in the short run is a function of the equilibrium condition in the labor market.
In the light of the above statements, choose the correct answer from the options given below:
Given below are two statements :
Staten1ent I : A rise in the rate of inflation means that the percentage rise in average prices is higher than the previous one.
Statement II : The Phillips curve suggests that a fall in unemployment is likely to lead to lower rates of average and price inflation.
In the light of the above statements, choose the most appropriate answer from the options given below:
Given below are two statements :
Statements I: The number of exchange possibilities that exist in a money economy exceeds the number in a barter economy.
Statement II : An increase in the length of time for which money is held will reduce the velocity at which money circulates in the economy.
In the light of the above statements, ,choose the most appropriate answer from the options given below:
Given below are two statements:
Statement I : The main features of the Industrial Policy - 1991 includes abolition of industrial licensing, diminishing role of public sectors, MRTP limit scraped, conditions on entry of foreign investment and technology liberalized and so on.
Statement II : First Industrial Policy Resolution was issued in 1951.
In the light of the above statements, choose the most appropriate answer from the options given below:
Consider the following statements regarding arguments for free trade:
A. Free trade leads to maximization of output, income and employment.
B. Free trade prevents monopoly.
C. Free trade protects domestic industries.
D. Free trade favors the monopoly.
Choose the correct answer from the options given below:
The core principle of multilateral trading system is:
A. Non-discrimination
B. Reciprocity
C. Protectionism
D. Domestic safeguard
Choose the collect answer from the options given below:
