List of top Questions asked in CUET (PG)

Match List-I with List-II

List-I(Statistical Concepts)		List-II(Description)
A	Power of a test	I	1- probability of making type II error
B	Multicollinearity	II	Where the sample mean differs from the population mean
C	Biased estimator	III	Correlation between explanatory variables in a regres sion
D	White noise error	IV	Errors with zero mean and constant standard deviation

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Match List-I with List-II

List-I(Economic Concepts)		List-II(Description)
A	Kuznets Curve	I	Describes the relationship be tween currency depreciation and current account balance
B	Fisher Effect	II	Describes the relationship between autonomous investment and output
C	J Curve Effect	III	Describes the relationship between income and inequality
D	Multiplier Effect	IV	Describes the relationship between expected inflation rate and interest rate

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Satish is very conscious of the food he eats. He eats only rotis and dal. A cup of dal costs Rs 2 while a roti costs one rupee and Satish decides to spend only Rs 13 per day on food. Also he decides to consume only 5500 calories a day. He has been told that each day

Which of the following statements are correct?
(I) Monopolistic firms face a horizontal market demand curve
(II) Perfectly competitive firms sell differentiated products
(III) Output of one Cournot duopoly firm depends on the output of the other firm
(IV) Monopolistic firms do not have a supply curve
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List the following outcomes in descending order
(A) Probability of a head when one coin is tossed
(B) Probability of 5 heads when 10 coins are tossed independently
(C) Probability of 10 heads when 20 coins are tossed independently
(D) Probability of 50 heads when 100 coins are tossed independently
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Match List-I with List-II:

List-I(Pricing Strategies)		List-II(Type of Price Dis crimination)
A	Locating individual consumers and charging each of them a unique price	I	Bundling
B	Dividing consumers into two markets with different elasticities and charging separate unique prices	II	Second degree price discrimi nation
C	Including extra units of another good with the main good sold and charging the consumer a higher price	III	First degree price discrimi nation
D	Charging customers a different price depending on day of the week	IV	Third degree price discrimi nation

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The existence of purchasing power parity in an open economy implies that
(A) The purchasing power of individuals depends on inflation rate
(B) The exchange rate between two countries' currency is equal to the ratio of their price levels
(C) Law of one price holds
(D) The price levels of all countries are equal when measured in terms of the same currency
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Which of the following statements reflects a property of the t distribution?
(A) It ranges from -∞ to +∞
(B) Its mean is the average of X
(C) It ranges from 0 to +∞
(D) It does not vary with the change in degrees of freedom
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Match the measures with the concept that is being measured

List-I(Indicators)		List-II(Description)
A	Gini Coefficient	I	Measures the wearing out of capital
B	GDP Deflator	II	Measures poverty
C	Head Count Ratio	III	Measures changes in price level
D	Depreciation	IV	Measures inequality

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Calculate the weighted arithmetic mean of 10, 20, and 30, when the given weights are:
(A) 1, 2 and 1 respectively
(B) 1, 1 and 3 respectively
(C) 1, 2 and 3 respectively
(D) 2, 1 and 2 respectively
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Which of the following statements hold true when steady state is attained in the Solow Model?
(A) Capital-Labour ratio does not change
(B) Depreciation does not change
(C) Income per capita does not change
(D) Inequality does not change
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Which of the following are instruments of trade policies?
(A) Tariffs
(B) Quotas
(C) Sales taxes
(D) Anti-dumping duties
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In a Poisson distribution, the probability mass function is given by: \(\rho(x) = \frac{e^{-2}(2)^3}{3!},\) the mean value is:

Consider a binomial distribution with parameters n and p. The variance of this distribution is:

Match List-I with List-II:

List-I(Characteristics)		List-II(Stages)
A	High Birth Rate and High Death Rate	I	Stage I
B	Low Birth Rate and High Death Rate	II	Stage II
C	High Birth Rate and Low Death Rate	III	Stage III
D	Low Birth Rate and Low Death Rate	IV	Not a part of this model

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Consider a binomial distribution with a very large N. This distribution can be approximated by:

Which of the following statements are valid assumptions of the Ordinary Least Squares regression model?
(A) Expected value of the error term is zero
(B) Heteroskedasticity
(C) The model is linear in parameters
(D) Autocorrelation
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Which of the following statements are correct?
(A) In case of a continuous random variable X, the cumulative distribution function can be obtained by carrying out a derivation of the probability distribution function with respect to x.
(B) In case of a discrete random variable X, the cumulative distribution function can be obtained by carrying out a derivation of the probability distribution function with respect to x.
(C) In case of a continuous random variable X, the probability distribution function can be obtained by carrying out a derivation of the cumulative distribution function with respect to x.
(D) In case of a discrete random variable X, the probability distribution function can be obtained by carrying out a derivation of the cumulative distribution function with respect to x.

The relationship between a country's per capita income and its inequality of income distribution is known as

If \(Y=20+10X\), then \(Var[Y]\) is

In how many ways can 10 economists attending a conference be accommodated in 2 triple sharing and 2 double sharing hotel rooms?

A die is rigged in a way that each odd number is twice as likely to occur as each even number. When a die is rolled, what is the probability that the outcome is greater than 3?

Suppose we have three coins. The first coin has heads on both sides. The second coin has tails on both sides. The third coin has head on one side and tail on the second side. One coin is randomly selected and tossed. The upper side of this coin turns out to be a head. What is the probability that the other side of this coin is tail?

Let \(Y=exp(a+bX)\), where a and b are constants. Calculate \(\frac{dX}{dY}\)​.

Given a cubic cost function C(Q) = Q³ + Q² + Q + 1, arrange total cost (TC), Marginal Cost (MC), Average Cost (AC), Average Fixed Cost (AFC) in increasing order when Q = 2.
(a) AFC 
(b) TC 
(c) MC 
(d) AC