List of top Economics Questions on Economy asked in CUET (UG)

______ is a market where economic agents can freely exchange their endowments with each other.

Identify the type of poverty represented by the following figure.

A section of the big industrialists got together in 1944 and drafted a joint proposal for setting up a planned economy in the country it was called _________

If autonomous receipts are less than autonomous payments, the balance of payments of an economy will be ____________

Identify the central problem of an economy which is concerned with distribution of output in the economy.

All those who are engaged in economic activities in whatever capacity-high or low are workers. In context of this, identify the correct statements
A) Even if some of them temporarily abstain from work due to illness injury or other physical disability or religious functions, bad weather etc are also workers
B) Workers don't include all those who help the main worker in these activities
C) Those who are self employed are also workers
D) Self employed are not workers
E) Mother teaching her own son is an economic activity
Choose the correct answer from the options given below:

Which of the following is not a central problem of an economy?

Economic Activities are best defined as those activities that :

“India should make a transition to the Knowledge Economy”.
The above statement implies that strength of India lies in :

An economy where the workforce involved in Design, Development, Technology, Marketing, Sales and Services is known as

Arrange the following in chronological order of their enactment.
(A) National Bank for Agriculture and Rural Credit
(B) Right to Education Act
(C) Task Force on Projections of Minimum Needs and Effective Consumption Demand
(D) Nationalisation of Banks
Choose the correct answer from the options given below :

Identify the correct formula of calculating of domestic income by Expenditure Method