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Economics is an important topic in the Economics section in CUET exam. Practising this topic will increase your score overall and make your conceptual grip on CUET exam stronger.
This article gives you a full set of CUET PYQs for Economics with explanations for effective preparation. Practice of CUET Economics PYQs including Economics questions regularly will improve accuracy, speed, and confidence in the CUET 2026 exam.
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CUET PYQs for Economics with Solutions
1.
When an individual buys foreign goods, this spending is known as ........- Injection in the economy
- Exchange rate market
- Leakages from economy
- Direct investment
2.
Whether to use more resources in education and health or to use more resources in building military services. Which of the central problems of an economy is accurate for this?- How to produce?
- What to produce?
- Whom to produced?
- Where to produced?
3.
Which of the following conditions must hold for a firm to maximise its profit? (A) Price = Short run marginal cost
(B) Short run marginal cost curve is non-decreasing
(C) Price \(\leq\) Marginal cost
(D) Price \(\geq\) Average variable cost
- (B), (C) and (D) only
- (A), (B) and (C) only
- (A), (B), (C) and (D)
- (A), (B) and (D) only
4.
The index of prices of a given basket of commodities which are bought by the representative consumer is known as:- Consumer Price Index
- Wholesale Price Index
- Capital Good Index
- Inflation
5.
Money deposited in the banks are considered __________ of the banks.- Asset
- Net Worth
- Liabilities
- Statutory Liquid Ratio
6.
The difference between the value of exports and the value of imports of goods of a country in a given period of time is known as by what name?- Balance of Trade
- Balance of Payment
- Capital Account Deficit
- Net Invisibles
7.
Suppose an Indian manufacturer of steel acquires a steel manufacturing unit in Europe. This type of transactions are recorded in which of the following?- Current Account
- Capital Account
- Capital Market
- Net Invisibles
8.
Match List-I with List-II: \[ \begin{array}{|c|l|c|l|} \hline \textbf{List-I} & & \textbf{List-II} & \\ \hline (A) & \text{Analysis assumes that level of utility can be expressed in numbers.} & (I) & \text{Cardinal Utility} \\ \hline (B) & \text{Change in total utility due to consumption of one additional unit of a commodity.} & (II) & \text{Law of Diminishing Marginal Utility} \\ \hline (C) & \text{Marginal utility from consuming each additional unit of a commodity declines as its consumption increases.} & (III) & \text{Marginal Utility} \\ \hline (D) & \text{The amount of mangoes that the consumer has to forego in order to get an additional banana, her total utility level being the same.} & (IV) & \text{Marginal Rate of Substitution} \\ \hline \end{array} \]- (A) – (I), (B) – (II), (C) – (III), (D) – (IV)
- (A) – (I), (B) – (III), (C) – (II), (D) – (IV)
- (A) – (II), (B) – (I), (C) – (IV), (D) – (III)
- (A) – (III), (B) – (IV), (C) – (I), (D) – (II)
9.
Among the following, which are the functions of money? (A) Medium of exchange.
(B) Unit of account.
(C) Bartering.
(D) Store of value.
- (A), (B) and (D) only
- (A), (B) and (C) only
- (A), (B), (C) and (D)
- (B), (C) and (D) only
10.
Budget Set is ...................- Given the prices of the goods and the income of a consumer.
- Any bundle as long as it costs less than or equal to the income.
- A set of price available to producer.
- Set of bundles available to the consumer.
11.
Ex-post is depicted by which of the following ........- What actually has happened.
- What actually will happen?
- What is actually planned?
- What should plan be.
12.
Match List-I with List-II
List-I (Term/Name) List-II (Characteristics) (A) Privatisation (I) Work which focuses on providing services like trade, transport, financial services etc. (B) Disinvestment (II) Spread of investment into different types of economic activities in order to reduce risks. (C) Tertiary sector (III) Private companies can invest in sectors earlier reserved for the government. (D) Diversification (IV) The government sells its share in public sector companies.
Choose the correct answer from the options given below:- (A) - (IV), (B) - (II), (C) - (III), (D) - (I)
- (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
- (A) - (I), (B) - (II), (C) - (IV), (D) - (III)
- (A) - (III), (B) - (II), (C) - (I), (D) - (IV)
13.
In deficit condition of Balance of Payment if the central bank sells foreign exchange then this particular transaction is known as ........- Official reserve sale
- Portfolio Investment
- Net Invisibles
- Net factor income
14.
Which of the following is an example of floor price?- Minimum Support Price for Foodgrain
- Price printed on any article
- Price taken by Seller
- Price asked by buyer to buy
15.
To measure consumer price index (CPI) which of the following years are taken into consideration? (A) Current Year.
(B) Preceding Year.
(C) Base Year.
(D) Succeeding Year.
- (A), (B) and (D) only
- (A) and (C) only
- (A), (B) and (C) only
- (B), (C) and (D) only
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