CUET-PG SERIES Commerce
Economics
8 previous year questions.
Volume: 8 Ques
Yield: Medium
High-Yield Trend
8
2025 Chapter Questions 8 MCQs
01
PYQ 2025
easy
commerce ID: cuet-pg-
The demand curve for a product is given by: . Where is the quantity and is the price of the product. The price of the product is Rs. 15. What is the price elasticity of demand if the price increases to Rs. 20?
1
3
2
4
3
1
4
2
02
PYQ 2025
easy
commerce ID: cuet-pg-
Which of the following statements is incorrect?
1
Indifference curves are downward sloping
2
Indifference curves intersect each other
3
Indifference curves are usually convex
4
Consumer preferences are assumed to be transitive
03
PYQ 2025
medium
commerce ID: cuet-pg-
The difference between simple and compound interest on a sum for three years at 5% per annum is Rs. 76.30. Find the sum.
1
Rs. 9,000
2
Rs. 10,000
3
Rs. 11,000
4
Rs. 11,700
04
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following is not an objective of Economic Planning in India?
1
Increase in Employment
2
Rapid Economic Growth
3
Reduction of Inequality of Incomes
4
Increase in population growth
05
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following is not a negotiable instrument?
1
Bill of exchange
2
Promissory notes
3
Bearer Cheques
4
Letter of credit
06
PYQ 2025
medium
commerce ID: cuet-pg-
Among the following theories of international trade, which one is the oldest?
1
Theory of Absolute Advantage
2
Mercantilist Doctrine
3
Factor Proportions Theory
4
Theory of Comparative Advantage
07
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following records the flow of foreign exchange from all international transactions over a period of time?
1
Current Account
2
Official Reserves Account
3
Balance of trade
4
Balance of Payments
08
PYQ 2025
medium
commerce ID: cuet-pg-
Which of the following represents the inverse relationship between the rate of unemployment and the rate of increase in money wages?
1
IS curve
2
Phillips Curve
3
LM curve
4
Indifference curve
About Economics - CUET-PG
Economics is a vital chapter for CUET-PG aspirants. Mastering the concepts covered in this chapter is essential for securing a top rank.
By rigorously practicing the previous year questions associated with this chapter, you can identify high-yield topics, understand the examiner's perspective, and boost your confidence during the actual exam.
Frequently Asked Questions
Why focus on Economics PYQs?
Analyzing PYQs for this specific chapter reveals the most frequently tested concepts and the typical complexity of questions, allowing you to tailor your study plan efficiently.
How to best use this analysis?
Review the topic breakdown to see which sub-topics within Economics carry the most weight. Then, tackle the questions iteratively to solidify your understanding.