CUET-PG SERIES Economics
Economic And Financial Affairs
7 previous year questions.
Volume: 7 Ques
Yield: Medium
High-Yield Trend
7
2023 Chapter Questions 7 MCQs
01
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: Quasi contracts are not contracts in the real sense of the term.
Reason R: Quasi contracts are implied-in-law contracts where parties involved do not intend to create a contract.
In the light of the above statements, choose the correct answer from the options given below:
Assertion A: Quasi contracts are not contracts in the real sense of the term.
Reason R: Quasi contracts are implied-in-law contracts where parties involved do not intend to create a contract.
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
02
PYQ 2023
medium
economics ID: cuet-pg-
Match List-I with List-II :
Choose the correct answer from the options given below:
| List-I | List-II | ||
| (A) | Dandi March | (I) | Peasant indebtedness |
| (B) | Swadeshi Movement | (II) | Peasant freedom over choice of crop |
| (C) | Champaran Movement | (III) | State monopoly over salt production |
| (D) | Deccan Riots | (IV) | Deindustrialization |
1
(A)-(IV); (B)-(III); (C)-(I); (D)-(II)
2
(A)-(III); (B)-(IV); (C)-(II); (D)-(I)
3
(A)-(IV); (B)-(III); (C)-(II); (D)-(I)
4
(A)-(III); (B)-(IV); (C)-(I); (D)-(II)
03
PYQ 2023
medium
economics ID: cuet-pg-
Which of the following requires passing of special resolution?
A. To declare dividends
B. To alter articles of association
C. To appoint auditors
D. To reduce the share capital of the company
E. To alter memorandum for changing the place of registered office from on state to another.
Choose the correct answer from the options given below:
A. To declare dividends
B. To alter articles of association
C. To appoint auditors
D. To reduce the share capital of the company
E. To alter memorandum for changing the place of registered office from on state to another.
Choose the correct answer from the options given below:
1
A, B, D only
2
B, C, D only
3
B, D, E only
4
A, B only
04
PYQ 2023
medium
economics ID: cuet-pg-
An endorsement that contains signature of the endorser as well as name of the person in whose favour the endorsement is made is called :
1
Blank or General Endorsement
2
Partial Endorsement
3
Restrictive Endorsement
4
Special or full Endorsement
05
PYQ 2023
medium
economics ID: cuet-pg-
Fully sterilized intervention by the Central Bank at the time of capital inflows leads to which of the following changes in Central Bank Balance Sheet?
1
Rise in net foreign assets and decline in domestic assets
2
Decline in net foreign assets and rise in domestic assets
3
Rise in both net foreign assets and domestic assets
4
Decline in both net foreign assets and domestic assets
06
PYQ 2023
medium
economics ID: cuet-pg-
Given below are two statements:
Statement-I : Between 1901-1951 in India, the relative product per worker in industry increased from above average to far above average and the relative product per worker in agriculture decreased from below average to even further below.
Statement-II: Between 1901-1951 in India, deindustrialization definitely occurred.
In the light of the above statements, choose the correct answer from the options given below:
Statement-I : Between 1901-1951 in India, the relative product per worker in industry increased from above average to far above average and the relative product per worker in agriculture decreased from below average to even further below.
Statement-II: Between 1901-1951 in India, deindustrialization definitely occurred.
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
07
PYQ 2023
medium
economics ID: cuet-pg-
The sequence in chronological order of the events in world economy starting from the earliest is:
A. East Asian Financial Crisis
B. Outbreak of COVID-19
C. Global Financial Crisis
D. War in Ukraine
E. New Economic Policy (India)
Choose the correct answer from the options given below:
A. East Asian Financial Crisis
B. Outbreak of COVID-19
C. Global Financial Crisis
D. War in Ukraine
E. New Economic Policy (India)
Choose the correct answer from the options given below:
1
E, A, C, B, D
2
C, B, A, D, E
3
B, A, C, D, E
4
C, A, B, D, E
About Economic And Financial Affairs - CUET-PG
Economic And Financial Affairs 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 Economic And Financial Affairs 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 Economic And Financial Affairs carry the most weight. Then, tackle the questions iteratively to solidify your understanding.