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CUET Economics Questions and Answers PDFs Download Here

Author : Aparna

August 9, 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.

Crack the CUET Economics code and unlock your dream college! 

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

Download the sample papers below and start your CUET preparations right away! 

CUET Economics Exam Pattern 2025

Check the table below to learn about the CUET economics exam pattern: 

Sections Details
Total Questions 50
Number of questions to attempt 40
Duration 60 mins
Correct Answers Provided for each question in answer key by NTA
Marks per Question 5
Negative Marking -1 for each wrong answer
Types of Questions Multiple Choice Questions (MCQs) 

Check: CUET Mock Tests 2025

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CUET Economics Questions with 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 MCQ questions and answers pdf.

CUET economics question paper with answers are as follows - 

Q1) What does the consumption function depend on?

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

Correct Answer: 1) Disposable Income

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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.

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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 (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, and (7) Global Integration.

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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Q6) When was NABARD established?

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

Correct Answer: 4) 1982

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

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

Answer: 1978 

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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 

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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 

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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 

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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 

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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) 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.

2) Divide and Concur

Divide the CUET economics syllabus into four categories as listed below:

  • Microeconomics 
  • macroeconomics 
  • Statistics 
  • Indian Economics 

3) Key terms to remember 

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

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4) Important CUET Economics Questions 

Prepare for the following questions - 

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

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5) 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 questions are your key to success. Remember, every question is an opportunity to showcase your knowledge and move closer to your dream economics program.

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Key Takeaways

  • Sample papers and questions are provided in this article in order 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 mock tests and refer to recommended CUET preparation books to enhance your readiness.

Frequently Asked Questions

What is the significance of understanding the consumption function in Economics?

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

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How can I effectively prepare for CUET Economics questions based on the article's tips?

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What is the difficulty level of CUET economics?

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What is the total marks of CUET Eco?

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