CUET Economics Mock Test for preparation of upcoming entrance exam for the preparation of admission in academic session 2025-2026.
Subject: Economics
Medium: English
Questions: 50
Results
#1. Financial news subscriptions?
#2. Economics cost is equal to
#3. Which one of the following is not the feature of socialist economy?
#4. Technique of production is focused in which central problem of economy?
#5. When total utility increases at a diminishing rate, marginal utility will be
#6. According to cardinal measurement of utility
#7. In accordance with the relationship between Total Utility and Marginal Utility, when MU is negative, then
#8. Law of Equi-Marginal utility is a law of
#9. Which of the following is/are determinants of demand?
#10. If the price elasticity of demand ranges between 0 and less than 1, demand is
#11. If a 10% rise in price of Good X leads to 20% fall in its quantity demanded, its elasticity of demand is
#12. What will be the elasticity of demand if price and total expenditure moves in the opposite direction using total outlay method?
#13. Average Product (AP) is at its maximum when
#14. Payment made to outsiders for their goods and services are called …… .
#15. If AR is 40 per unit from the sale of 3 goods and it is 30 per unit from the sale of 4 goods. Find the marginal revenue of 4th unit of goods.
#16. In which time period, all factors of production become variable and factors of production change with the change in level of production?
#17. The supply curve is usually
#18. When supply is perfectly inelastic, Elasticity of Supply is equal to
#19. As you are aware of recent outbreak of Covid-19, which has a led to lockdown in many countries around the globe. In extension of this, government has stopped imports in India from various countries. How it will impact supply of a good concerned?
#20. The supply of a good refers to
#21. Monopolist can determine …… .
#22. Which of the following is/are the features of monopoly form of market?
#23. Which of the following is/are broad market forms based on the level of competition?
(i) Perfect competition
(ii) Imperfect competition
(iii) Monopolistic competition
(iv) Oligopoly competition
Choose the most appropriate option
#24. ………… form of market demand curve is perfectly elastic in nature.
#25. Price ceiling means …… price of a commodity that the sellers can charge from the buyers.
#26. Which price is expected to exist when the forces of supply and demand have fully adjusted themselves?
#27. Price ceiling and price floor are part of
#28. If in an industry, demand and supply will not intersect in positive quadrant, then it is called
#29. The process of adding to physical stock of capital is known as
#30. Which one of the following is not true?
#31. Increase in stock of capital is known as
#32. Which of the following is not included in the calculation of gross national product?
#33. Net export is zero when
#34. Induced investment………… related to the level of income in an economy
#35. During excess demand, Central Bank will
#36. Investment is an addition to …… .
#37. Plastic money includes
#38. Which of the following is/are functions of Central Bank?
#39. Credit creation depends on
#40. Which of following measures of money supply are considered as monetary base?
#41. …… taxes do not depend on the level of income.
#42. If borrowings and other liabilities are added to the budget deficit, we get
#43. The non-tax revenue in the following is …… .
#44. A …… is a legally compulsory payment imposed by the government on the households and producers.
#45. Which items are excluded in BoT, but included in BoP?
#46. Buying and selling of foreign currencies take place at
#47. Balance of payments deficit is calculated by taking into account the …… only.
#48. In case of currency appreciation, the domestic currency becomes …… .
#49. Which one of the following is not the feature of socialist economy?
#50. If MPC = 1, the value of multiplier is …… .