CUET 2026 Economics May 13 Shift 1 Question Paper- Download Answer Key and Solution PDF

CUET 2026 May 13 Shift 1 Economics Question Paper is available for download here. NTA is conducting the CUET 2026 exam from 11th May to 31st May.

CUET 2026 Economics exam consists of 50 questions for 250 marks to be attempted in 60 minutes.
As per the marking scheme, 5 marks are awarded for each correct answer, and 1 mark is deducted for incorrect answer.

Candidates can download CUET 2026 May 13 Shift 1 Economics Question Paper with Answer Key and Solution PDF from links provided below.

CUET 2026 Economics May 13 Shift 1 Question Paper with Solution PDF

CUET May 13 Shift 1 Economics Question Paper 2026	Download PDF	Check Solutions

Question 1:

In macroeconomics, the difference between a country’s exports and imports of goods is known as:

(A) Balance of Payments
(B) Balance of Trade
(C) Current Account Deficit
(D) Foreign Exchange Reserve

View Solution

Question 2:

According to the paradox of thrift, if people in an economy increase their savings excessively, it may lead to:

(A) Rise in national income
(B) Increase in employment
(C) Fall in aggregate demand
(D) Increase in exports

View Solution

Question 3:

Which of the following was a major objective of the LPG reforms introduced in India in 1991?

(A) Expansion of the public sector
(B) Reduction in foreign trade
(C) Liberalisation of the economy
(D) Nationalisation of industries

View Solution

Question 4:

Match the following correctly with their formulas: AFC = TFC/Q, AFC stands for:

(A) Average Fixed Cost
(B) Average Variable Cost
(C) Marginal Cost
(D) Average Revenue

View Solution

Question 5:

Which of the following institutions/events was established earliest?

(A) NABARD
(B) WTO
(C) TISCO
(D) GST

View Solution

Question 6:

The economic theory stating that the prices of identical goods in different countries should be equal after exchange rate adjustment is called:

(A) Law of Demand
(B) Purchasing Power Parity
(C) Opportunity Cost Theory
(D) Comparative Advantage Theory

View Solution

Question 7:

In a managed floating exchange rate system:

(A) Exchange rates are fully market determined
(B) Gold determines exchange rates
(C) Government or central bank intervenes when required
(D) Exchange rates remain permanently fixed

View Solution

Question 8:

Which of the following is a quantitative tool of the Reserve Bank of India (RBI)?

(A) Moral Suasion
(B) Margin Requirement
(C) Bank Rate
(D) Credit Rationing

View Solution

Question 9:

Consumption expenditure that remains unchanged even when income changes is known as:

(A) Induced Consumption
(B) Autonomous Consumption
(C) Productive Consumption
(D) Intermediate Consumption

View Solution

Question 10:

The price of bananas rises from ₹10 per kg to ₹14 per kg, due to which quantity demanded falls from 30 kg to 26 kg. What is the slope of the demand curve?

(A) –1
(B) –2
(C) –4
(D) –0.5

View Solution

CUET UG 2026 Exam Pattern

Parameter	Details
Exam Name	Common University Entrance Test (CUET UG) 2026
Conducting Body	National Testing Agency (NTA)
Exam Mode	Computer-Based Test (CBT)
Exam Duration	60 minutes per test
Total Sections	3 (Languages, Domain Subjects, General Test)
Question Type	Multiple Choice Questions (MCQs)
Questions per Test	50 questions (all compulsory)
Marking Scheme	+5 for correct, -1 for incorrect
Maximum Marks	250 marks per test
Maximum Subject Choices	5 subjects in total
Syllabus Base	Class 12 NCERT (mainly for Domain Subjects)

CUET UG 2026 Economics Question Paper Analysis

CUET Questions

1.
Read the following statements carefully:
• I. Every increase in investment necessarily increases Aggregate Demand.
• II. Ex-ante savings are always equal to Ex-post savings.
• III. Ex-ante investment and Ex-ante savings may differ.
• IV. Equilibrium income is determined at the point where Aggregate Demand equals Aggregate Supply. Choose the correct answer.

I, II and III only
II, III and IV only
I, III and IV only
I, II, III and IV

View Solution

2.
In a perfectly competitive market, the firm is a:

Price maker
Price taker
Price discriminator
None of the above

View Solution

3.
The Economic Reforms of 1991 in India are often referred to as:

L-P-G Policy (Liberalization, Privatization, Globalization)
G-A-T-T Agreement
Green Revolution Phase II
Mixed Economy Model

View Solution

4.
In an economy, Autonomous Consumption is \(100\) crore and the Marginal Propensity to Consume (MPC) is \(0.75\). If investment increases by \(80\) crore, then the increase in equilibrium income will be:

\(240\) crore
\(300\) crore
\(320\) crore
\(400\) crore

View Solution

5.
The "Green Revolution" in India was primarily associated with:

Increased use of chemical fertilizers and high-yielding variety (HYV) seeds
Promotion of cottage industries
Nationalization of commercial banks
Reduction in import tariffs

View Solution

6.
A consumer spends his entire income on goods \(X\) and \(Y\). The price of \(X\) is \(₹20\) per unit and the price of \(Y\) is \(₹10\) per unit. If his income is \(₹400\), which of the following combinations lies on his budget line?

\(X=5,\;Y=25\)
\(X=10,\;Y=20\)
\(X=15,\;Y=5\)
\(X=8,\;Y=18\)

View Solution

CUET 2026 Economics May 13 Shift 1 Question Paper- Download Answer Key and Solution PDF

CUET 2026 Economics May 13 Shift 1 Question Paper with Solution PDF

CUET UG 2026 Exam Pattern

CUET UG 2026 Economics Question Paper Analysis

CUET Questions

2.
In a perfectly competitive market, the firm is a:

3.
The Economic Reforms of 1991 in India are often referred to as:

4.
In an economy, Autonomous Consumption is \(100\) crore and the Marginal Propensity to Consume (MPC) is \(0.75\). If investment increases by \(80\) crore, then the increase in equilibrium income will be:

5.
The "Green Revolution" in India was primarily associated with:

6.
A consumer spends his entire income on goods \(X\) and \(Y\). The price of \(X\) is \(₹20\) per unit and the price of \(Y\) is \(₹10\) per unit. If his income is \(₹400\), which of the following combinations lies on his budget line?

Comments

SUBSCRIBE TO OUR NEWS LETTER

CUET 2026 Economics May 13 Shift 1 Question Paper with Solution PDF

CUET UG 2026 Exam Pattern

CUET UG 2026 Economics Question Paper Analysis

CUET Questions

2.In a perfectly competitive market, the firm is a:

3.The Economic Reforms of 1991 in India are often referred to as:

4.In an economy, Autonomous Consumption is \(100\) crore and the Marginal Propensity to Consume (MPC) is \(0.75\). If investment increases by \(80\) crore, then the increase in equilibrium income will be:

5.The "Green Revolution" in India was primarily associated with:

6.A consumer spends his entire income on goods \(X\) and \(Y\). The price of \(X\) is \(₹20\) per unit and the price of \(Y\) is \(₹10\) per unit. If his income is \(₹400\), which of the following combinations lies on his budget line?

Comments

SUBSCRIBE TO OUR NEWS LETTER

2.
In a perfectly competitive market, the firm is a:

3.
The Economic Reforms of 1991 in India are often referred to as:

4.
In an economy, Autonomous Consumption is \(100\) crore and the Marginal Propensity to Consume (MPC) is \(0.75\). If investment increases by \(80\) crore, then the increase in equilibrium income will be:

5.
The "Green Revolution" in India was primarily associated with:

6.
A consumer spends his entire income on goods \(X\) and \(Y\). The price of \(X\) is \(₹20\) per unit and the price of \(Y\) is \(₹10\) per unit. If his income is \(₹400\), which of the following combinations lies on his budget line?