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CUET Economics Questions and Answers PDFs Download Here

Author : Paakhi Jain

December 20, 2024

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Overview: Are you gearing up for the CUET 2025 and aiming to conquer the Economics paper with flying colours? Read this blog for the solved CUET Economics questions to understand what the paper will look like in 2025.

The CUET Economics exam is one of the most highly competitive test papers. The blog gives you an idea of the type of CUET Economics questions that may be asked in this exam. 

These questions are your ticket to top central universities. Master them, ace the exam, and step into your desired economics program!

CUET Economics Questions and Answers PDFs Download

For the economics exam, one of the most competitive test papers in the CUET exam, the sample papers are given below: 

CUET Economics Exam Pattern 2025

Check the table below to learn about the CUET exam pattern for Economics: 

Sections Details
Duration 60 mins
Marks per Question 5
Negative Marking -1 for each wrong answer
Types of Questions Multiple Choice Questions (MCQs) 

The exam pattern clearly states that the CUET Economics questions will be objective type only. So, conceptual clarity is more important in answering the questions correctly. 

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CUET Economics Questions and Answers 

These questions are taken from the official CUET Sample Paper and aim to give students an understanding of the potential questions that can appear in the CUET Economics exam paper. Start practising the CUET economics questions and answers pdf given above. 

Q1) What does the consumption function depend on?

1) Disposable Income
2) Wealth
3) Interest Rates
4) Consumer Confidence

Correct Answer: 1) Disposable Income

Q2) What is devaluation?

1) An increase in the value of a country's currency relative to other currencies.
2) A sudden drop in the stock market.
3) The deliberate downward adjustment of a country's currency value.
4) A government policy to encourage foreign investment.

Correct Answer: 3) The deliberate downward adjustment of a country's currency value.

Q3) Despite the rise in GDP, what was the major problem of the Indian economy?

1) Income Inequality
2) Poverty and Unemployment
3) Informal Sector and Lack of Formal Jobs
4) Agricultural Distress

Correct Answer: 2) Poverty and Unemployment

Q4) Indian economy reform was characterized by?

1) Liberalization of Trade and Foreign Investment
2) Deregulation and Privatization
3) Financial Sector Reforms
4) Fiscal Reforms
5) Infrastructure Development
6) Focus on Social Sector Reforms
7) Global Integration

Correct Answer: All of the above

Check: What are Domain Subjects in CUET

Q5) Which of the following years is famously known as the Great Divide in the demographic history of India?

1) 1947
2) 1950
3) 1971
4) 1921
5) 1980
6) 1991
7) 2000
8) 2011

Correct Answer: 4) 1921

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Part 2: CUET Economics Questions 

Q6) When was NABARD established?

1) 1969
2) 1975
3) 1980
4) 1982

Correct Answer: 4) 1982

Q7) Industrial reform of China took place in which year?

A) 1978
B) 1984
C) 1991
D) 2000

Answer: 1978 

Check: CUET Eligibility Criteria 2025

Q8) When was the Suez Canal opened?

A) 1850
B) 1869
C) 1875
D) 1888

Answer: 17 November 1869 

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Q9) From which state is SEWA related?

A) Gujarat

B) Maharashtra

C) Rajasthan

D) Haryana

Answer: Gujarat 

Check: What are the opportunities after CUET exam

Q10) Which of the following is a function of RBI? 

A) Accepting deposits from the general public 

B) Giving loans to the general public 

C) Banker to the government 

D) Credit creation 

Answer: Credit creation 

Check: How many questions are there in CUET Exam

Q11) Which of the following is considered an intermediate good? 

A) A mobile purchased by a student 

B) Car purchased by a household 

C) Seeds and fertilizers purchased by a farmer 

D) Vegetables by a households 

Check: CUET Course List

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Q12) Economic activities in a market economy are controlled by:

A) Market forces 

B) The government or the central authority 

C) Institutions 

D) None of these

Answer: Market forces 

Q13) When a domestic currency loses its value in relation to a foreign currency in the international money market, it is a situation of: 

A) Currency appreciation 

B) Currency depreciation 

C) Currency devaluation 

D) None of these 

Answer: Currency depreciation 

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Q14) The Green Revolution started happening in India in the year. 

A) 1980-81 

B) 1967-68 

C) 1901-92 

D) 1961-62 

Answer: 1967-68 

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CUET Economics Questions 2025 Preparation Tips 

You can follow the tips below to prepare and answer well in the CUET economics question paper: 

1) Divide the CUET Economics Syllabus

  • The economics syllabus is entirely based on the 11th and 12th class syllabi from the NCERT textbooks. Study word by word from your 12th NCERT books thoroughly.
  • Divide the CUET economics syllabus into four categories as: Microeconomics, macroeconomics, Statistics, Indian Economics 

2) Key terms to remember 

Remember the important terms and make short notes for each of these: 

  • Inflation 
  • Deflation 
  • Fiscal policy 
  • Terms of trade 
  • Demographic 
  • Consumer surplus 
  • Index number 

Check: CUET Cut Off

3) Important CUET Economics Questions 

Prepare different types of questions such as - 

  • Are you sure the demand curve is downward-sloping? 
  • What do you think of the Supply curve?
  • Is it upward-slopping or downwards-slopping? 

4) Revise formulas for the CUET Economics Syllabus

Practice formulas for the following parameters - 

  • Statistics 
  • National income 
  • Elasticity 
  • Production 
  • Consumer multipliers 
  • National income 
  • Aggregate Demand 
  • Aggregate supply 

6) Reference Books and Mock Tests

Practice as many mocks and CUET economics questions and answers pdf as possible. You can refer to the following CUET preparation books:

  • NTA CUET (UG) Practice Paper Economics| Exam Preparation Book 2022 by VK Publications
  • CUET Economics by Drishti Publications 

Consistent practice, a deep understanding of economic concepts, and a strategic approach to answering economics questions for CUET are your keys to success.

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Key Takeaways

  • Sample papers and questions are provided in this article to help you ace your CUET preparations. 
  • CUET Economics questions are based on the 12th class NCERT syllabus.
  • Divide your preparation into microeconomics, macroeconomics, statistics, and Indian economics.
  • Familiarize yourself with key economic terms and formulas.
  • Practice CUET mock tests and refer to recommended preparation books to enhance your readiness for economics CUET important questions.

Frequently Asked Questions

Why is Economics considered a significant subject in CUET?

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What is consumption function in CUET Economics important?

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What is the difference between devaluation and depreciation in the context of Economics?

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How can I prepare for CUET Economics questions?

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How do I prepare for CUET Economics?

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How many questions are there in CUET Economics?

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