CUET-PG SERIES Economics
Business Finance
6 previous year questions.
Volume: 6 Ques
Yield: Medium
High-Yield Trend
6
2023 Chapter Questions 6 MCQs
01
PYQ 2023
medium
economics ID: cuet-pg-
The sum of the deviations of a given set of obserations taken from median, ignoring ± signs, is:
1
Zero
2
One
3
Least
4
Maximum
02
PYQ 2023
medium
economics ID: cuet-pg-
Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R.
Assertion A: According to the Heckscher-Ohlin model, free trade results in equalisation of factor prices across nations.
Reason R: This is because the model assumes perfect international mobility of the factors of production.
In the light of the above statements, choose the correct answer from the options given below:
Assertion A: According to the Heckscher-Ohlin model, free trade results in equalisation of factor prices across nations.
Reason R: This is because the model assumes perfect international mobility of the factors of production.
In the light of the above statements, choose the correct answer from the options given below:
1
Both A and R are true and R is the correct explanation of A
2
Both A and R are true but R is NOT the correct explanation of A
3
A is true but R is false
4
A is false but R is true
03
PYQ 2023
medium
economics ID: cuet-pg-
The expansion path identifies
1
the least-cost combination of inputs required to produce various levels of output
2
the firm's demand curve for inputs
3
the various combinations of inputs that can be used to produce a given level of output
4
the least-cost combination of outputs
04
PYQ 2023
medium
economics ID: cuet-pg-
Given below are two statements:
Statement I: Normal distribution is positively skewed.
Statement II: Normal distribution is leptokurtic.
In the light of the above statements, choose the correct answer from the options given below:
Statement I: Normal distribution is positively skewed.
Statement II: Normal distribution is leptokurtic.
In the light of the above statements, choose the correct answer from the options given below:
1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false
4
Statement I is false but Statement II is true
05
PYQ 2023
medium
economics ID: cuet-pg-
Match List-I and List-II
Choose the correct answer from the options given below:
| LIST I | LIST II | ||
| A. | For TC(Total Cost)=20+10q-3q2+q3 AFC(Average Fixed Cost) is: | I. | 10-6q+3q2 |
| B. | Given TC=20+10q-3q2+q3 MC(Marginal Cost) is: | II. | 10-3q+q2 |
| C. | Given TC=20+10q-3q2+q3 AVC(Average Variable Cost) is: | III. | |
| D. | Given TC=20+10q-3q2+q3 ATC(Average Total Cost) is: | IV. | |
Choose the correct answer from the options given below:
1
A-II, B-III. C-I. D-IV
2
A-IV, B-II, C-I, D-III
3
A-IV. B-I. C-II. D-III
4
A-III, B-IV. C-II. D-I
06
PYQ 2023
medium
economics ID: cuet-pg-
In terms of family purchases, which stage of family life cycle involves maximum requirement and usage of finances?
1
Beginning stage
2
Expanding stage
3
Contracting stage
4
Ending stage