CUET 2026 May 21 Shift 2 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 21 Shift 2 Economics Question Paper with Answer Key and Solution PDF from links provided below.

Related Links:

CUET 2026 Economics May 21 Shift 2 Question Paper with Solution PDF

CUET May 21 Shift 2 Economics Question Paper 2026 Download PDF Check Solutions

Question 1:

If the price elasticity of demand for a commodity is greater than 1, then a fall in price will lead to:

  • (A) Fall in total expenditure
  • (B) No change in total expenditure
  • (C) Rise in total expenditure
  • (D) Zero expenditure
Detailed Solution
Question 2:

Which of the following situations indicates “excess demand” in an economy?

  • (A) Aggregate demand equals aggregate supply
  • (B) Aggregate demand is less than aggregate supply
  • (C) Aggregate demand exceeds aggregate supply at full employment
  • (D) Aggregate supply exceeds planned expenditure
Detailed Solution
Question 3:

In national income accounting, depreciation is deducted from gross domestic product to obtain:

  • (A) Net Domestic Product
  • (B) Gross National Product
  • (C) Personal Income
  • (D) National Disposable Income
Detailed Solution
Question 4:

The central problem of an economy arises mainly because:

  • (A) Human wants are limited
  • (B) Resources are unlimited
  • (C) Resources are scarce relative to wants
  • (D) Government controls all resources
Detailed Solution
Question 5:

If Marginal Propensity to Consume (MPC) is \(0.8\), the value of investment multiplier will be:

  • (A) \(2\)
  • (B) \(4\)
  • (C) \(5\)
  • (D) \(10\)
Detailed Solution
Question 6:

Which of the following is a direct tax?

  • (A) GST
  • (B) Customs Duty
  • (C) Income Tax
  • (D) Excise Duty
Detailed Solution
Question 7:

When average revenue equals marginal revenue at all levels of output, the market structure is:

  • (A) Monopoly
  • (B) Oligopoly
  • (C) Perfect Competition
  • (D) Monopolistic Competition
Detailed Solution
Question 8:

Which of the following causes a rightward shift in the demand curve of a normal good?

  • (A) Fall in consumer income
  • (B) Rise in price of substitute good
  • (C) Rise in price of complementary good
  • (D) Increase in production cost
Detailed Solution
Question 9:

If an economy is operating below full employment equilibrium, the government should:

  • (A) Increase taxes and reduce expenditure
  • (B) Reduce money supply
  • (C) Increase government expenditure
  • (D) Increase repo rate
Detailed Solution
Question 10:

Which of the following correctly explains “opportunity cost”?

  • (A) Monetary cost of production
  • (B) Cost incurred on raw materials
  • (C) Value of next best alternative foregone
  • (D) Cost of fixed capital
Detailed 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 Paper Analysis