CUET PG 2022 Question Paper Economics Shift-1

Download PDF
For the following questions answer them individually
CUET PG 2022 Economics Shift-1 - Question 4

Identify the correct form of indirect speech of the following sentence.

Arpit says, "She is an intelligent girl".

CUET PG 2022 Economics Shift-1 - Question 5

Rearrange the following parts of a sentence labeled as PQRS to make a meaningful sentence

P Y our hope for

Q if money is

R never have it

S independence you will

CUET PG 2022 Economics Shift-1 - Question 7

Pick out the meaning of underlined idiom in the following sentence.
The judge called for an explanation of his misconduct.

CUET PG 2022 Economics Shift-1 - Question 8

Choose the correct passive voice form of the following sentence:

You can take it away.

CUET PG 2022 Economics Shift-1 - Question 10

Choose the correct sentence.

CUET PG 2022 Economics Shift-1 - Question 11

What is a Green Chip company ?

CUET PG 2022 Economics Shift-1 - Question 12

When Waquar Younis, the Pakistani fast bowler made his debut in Test Cricket at Karachi, there was a batsman from the visiting side, who also made his debut. Who was she?

CUET PG 2022 Economics Shift-1 - Question 13

Match List I with List II

image


Choose the correct answer from the options give below:

CUET PG 2022 Economics Shift-1 - Question 14

Je suis Charlie (I am Charlie) was a slogan spread around after terrorist attacked on:

CUET PG 2022 Economics Shift-1 - Question 17

D, E, F, G, H, I are six persons sitting around hexagonal table, each at one corner and facing the center of the table. D is second to the left of I. E is the neighbour of F and G. H is second to the left of G. Find who are the neighbours of H.

CUET PG 2022 Economics Shift-1 - Question 18

Of the 100 students in a class, anyone who chooses to study English also studies computer science. However, no student choose to study English and Physics. 16 students do Physics and computer Science. All the students do at least one of the three subjects. No. of students who study only one subject is more than students who study more than one subject. What are the maximum number of students who could have studied Physics only?

CUET PG 2022 Economics Shift-1 - Question 19

The following question has an underlined word. Choose the word from the given choices that is essential part of the underlined word.

Electric Mixer

CUET PG 2022 Economics Shift-1 - Question 21

In how many ways can 7 different balls be distributed in 5 different boxes. If any box can contain any number of balls except that ball 3 can only be put into box 3 or box 4 ?

CUET PG 2022 Economics Shift-1 - Question 23

In how many ways can 9 different colour balls be arranged in a row so that black, white, red and green balls are never together?

CUET PG 2022 Economics Shift-1 - Question 24

A tap can fill a tank in 6 hours. After half the tank is filled, three more similar taps are opened. What is the total time taken to fill the tank completely?

CUET PG 2022 Economics Shift-1 - Question 25

A person takes 20 minutes more to cover a certain distance by decreasing his speed by 20%. What is the time taken to cover the distance at his original speed ?

CUET PG 2022 Economics Shift-1 - Question 27

With reference to the Bertrand model, which of the following is correct?

CUET PG 2022 Economics Shift-1 - Question 28

If the demand for agricultural products is inelastic, then

CUET PG 2022 Economics Shift-1 - Question 29

A fall in the price of a commodity whose demand curve is a rectangular hyperbola causes total expenditures on the commodity to

CUET PG 2022 Economics Shift-1 - Question 31

In the case of price leadership by the dominant firm, all the firms in the purely oligopolistic industry will produce their best level of output

CUET PG 2022 Economics Shift-1 - Question 32

The Golden Rule rate of savings refers to

CUET PG 2022 Economics Shift-1 - Question 33

The best or optimum level of output for a perfectly competitive firm is given by the point where

CUET PG 2022 Economics Shift-1 - Question 34

Aggregate demand is -

CUET PG 2022 Economics Shift-1 - Question 35

The demand for money is -

CUET PG 2022 Economics Shift-1 - Question 36

The user cost of capital is :

CUET PG 2022 Economics Shift-1 - Question 37

When $$\alpha$$ = 3/4 and $$\beta$$ = 1/4 for the Cobb Douglas production function, returns to scale are

CUET PG 2022 Economics Shift-1 - Question 38

The natural rate of unemployment equals the sum of :

CUET PG 2022 Economics Shift-1 - Question 39

Which of the following statements is correct?

CUET PG 2022 Economics Shift-1 - Question 40

According to the Phillips curve, unemployment will return to the natural rate, when:

CUET PG 2022 Economics Shift-1 - Question 41

The coefficient of Non-determination is equal to -

CUET PG 2022 Economics Shift-1 - Question 45

For the set A = {3, 4}, find Power Set P(A)

CUET PG 2022 Economics Shift-1 - Question 46

If the international terms of trade settle at a level that is between each country's opportunity cost, then

CUET PG 2022 Economics Shift-1 - Question 48

An exchange rate which also takes into account the relative prices of products in the countries being compared is known as -

CUET PG 2022 Economics Shift-1 - Question 49

Which of the following is consistent with the idea of expansionary fiscal policy?

CUET PG 2022 Economics Shift-1 - Question 51

For the total cost function $$C = 1000 + 120x + 14x^{2} + x^{3}$$ find marginal cost function.

CUET PG 2022 Economics Shift-1 - Question 53

For an economy, the marginal propensity to consume is $$\frac{3}{4}$$ and the marginal tax rate is $$\frac{1}{9}$$, then value of multiplier is

CUET PG 2022 Economics Shift-1 - Question 55

If one of the regression coefficients value is greater than 1, then the value of the second regression coefficient must be -

CUET PG 2022 Economics Shift-1 - Question 56

On the imposition of a tariff, the welfare of a country improves

CUET PG 2022 Economics Shift-1 - Question 59

Consumption : C = 1000 + 0.84
                          : I = 50
The output produced by the economy is 800. The level of unplanned inventories is

CUET PG 2022 Economics Shift-1 - Question 60

Match List I with List II :

image

Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 61

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 64

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 65

Ramesh and Suresh constructed their new house in this year In the national income accounting this transaction is considered as

CUET PG 2022 Economics Shift-1 - Question 66

Given below are two statements :
Statements I : Narasimhan Conunittee reconunended reduction of SLR (Statutory
Liquidity Ratio) and CRR (Cash Reserve Ratio).
Statement II : Narasimhan Committee recommended that directed credit programme should be promoted.
In the light of the above statements, choose the correct answer from the options
given below:

CUET PG 2022 Economics Shift-1 - Question 67

Given below are two statements :
Statement I: Zamindari system was introduced by Lord Cornwallis.
Statement II: Under Zamindari system village land were held jointly by communities.
In the light of the above statements, choose the correct answer from the options
given below:

CUET PG 2022 Economics Shift-1 - Question 68

Given 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 net tax revenue when level of output changes.
Reason R : Automatic stabilization moderate aggregate spending in times of boom and slow down.
In the light of the above statements, choose the most appropriate answer from the options given below :

CUET PG 2022 Economics Shift-1 - Question 69

Given 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 the development of a sound industrial base.
Reason R: Public sector is under state control. The role of state in formulating
appropriate policies and providing financial and other support has helped the public sector.
In the light of the above statements, choose the most appropriate answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 70

Given 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 rationale for the allocation functions of the budgetary policy.
Reason R: There are certain goods which are non-rival and these are important for maximizing social advantage.
In the light of the above statements, choose the most appropriate answer from the options given below :

CUET PG 2022 Economics Shift-1 - Question 71

Country A requires 2 units of labour to produce a unit of X and 5 units to produce a unit of Y; where as country B require, 3 units of labour to produce a unit of X and 6 units to produce a unit of Y

CUET PG 2022 Economics Shift-1 - Question 72

According to the Pareto Criterion, a movement from state A to state B is desirable:

CUET PG 2022 Economics Shift-1 - Question 73

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 74

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 75

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 76

Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R:
Assertion A : Green Revolution benefited only Punjab, Haryana and Western Uttar Pradesh.
Reason R: Irrigation was necessary for the success of green revolution.
In the light of the above statements, choose the most appropriate answer from the options given below :

CUET PG 2022 Economics Shift-1 - Question 77

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 78

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 79

Match List I with List II :

image

Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 80

Given below are two statements :
Statement I : If rows and columns are interchanged and columns into rows the value of the determinant remains unaltered but the sign changed.
Statement II : When two rows or columns are interchanged the numerical value of the determinant changes but the sign of the determinant remains unchanged.
In the light of the above statements, choose the most appropriate answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 81

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:

CUET PG 2022 Economics Shift-1 - Question 82

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:

CUET PG 2022 Economics Shift-1 - Question 83

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:

CUET PG 2022 Economics Shift-1 - Question 84

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:

CUET PG 2022 Economics Shift-1 - Question 85

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:

CUET PG 2022 Economics Shift-1 - Question 86

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:

CUET PG 2022 Economics Shift-1 - Question 87

Match List I with List II :

image


Choose the correct answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 89

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:

CUET PG 2022 Economics Shift-1 - Question 90

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:

CUET PG 2022 Economics Shift-1 - Question 91

Given 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 demographic dividend.
Reason R: India's population growth rate is declining.
In the light of the above statements, choose the most appropriate answer from the options given below :

CUET PG 2022 Economics Shift-1 - Question 92

Given below are two statements:
Statement I : A common resource is rival and non-excludable.
Statement II : A public good is non-rival and non-excludable.
In the light of the above statements, choose the most appropriate answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 93

Fiscal policy relates to the Government decision in respect of-

A: Taxation
B: Government spending
C: Government borrowing
D: Repo rate

Choose the most appropriate answer from the options given below:

CUET PG 2022 Economics Shift-1 - Question 97

A standard normal distribution refers to a random variable that has a.

CUET PG 2022 Economics Shift-1 - Question 100

Starting from the earliest arrange the following in chronological order -
A. Global Financial Crisis
B. East Asian Cries
C. Great Depression
D. Gold Standard Mechanism
Choose the correct answer from the options given below:

Join CUET PG online course by IIM Alumni & CAT Toppers

Start your B-School journey with the right preparation

Enroll Now