List of top Development and Labour Studies Questions on Economics asked in CUET (PG)

Match List-I with List-II. \[ \begin{array}{|c|c|c|l|} \hline \text{List-I} & & \text{List-II} & \\ \hline A. & \text{Adam Smith} & I. & \text{Comparative Advantage Theory} \\ \hline B. & \text{Karl Marx} & II. & \text{Demand-led Growth} \\ \hline C. & \text{John Maynard Keynes} & III. & \text{Free Market Economy} \\ \hline D. & \text{David Ricardo} & IV. & \text{Critique of Capitalism} \\ \hline \end{array} \] Choose the correct answer from the options given below: 

Match List-I with List-II. \[ \begin{array}{|c|c|c|l|} \hline \text{List-I} & & \text{List-II} & \\ \hline A. & \text{Milton Friedman} & I. & \text{Free Market} \\ \hline B. & \text{Walt Rostow} & II. & \text{Population Growth} \\ \hline C. & \text{Adam Smith} & III. & \text{Monetarism} \\ \hline D. & \text{Thomas Malthus} & IV. & \text{Stages of Economic Growth} \\ \hline \end{array} \] Choose the correct answer from the options given below: 

Match List-I with List-II. \[ \begin{array}{|c|c|c|l|} \hline \text{List-I} & & \text{List-II} & \\ \hline A. & \text{M. Todaro} & I. & \text{Dependent Development} \\ \hline B. & \text{A.G. Frank} & II. & \text{Rural-urban migration} \\ \hline C. & \text{S. Kuznets} & III. & \text{Income inequality} \\ \hline D. & \text{Samir Amin} & IV. & \text{Unequal Exchange} \\ \hline \end{array} \] Choose the correct answer from the options given below: 

“Garibi Hatao” was the main objective of which Five Year Plan?
Which of the following Human Development Report has introduced the concept of Multidimensional Poverty Index (MPI)?
During British occupation of India, the new social classes in urban areas consisted mainly of:
• [A.] The modern class of capitalists
• [B.] The working class
• [C.] The petty traders
• [D.] The agricultural labourers Choose the correct answer from the options given below:
Arrange the following research works in economic development in chronological order of their publications:
• [A.] “Development as Freedom” by Amartya Sen
• [B.] “Expansion and Employment” by E. Domar
• [C.] “A Theory of Justice” by John Rawls
• [D.] “Economic Theory and Underdeveloped Regions” by Gunnar Myrdal Choose the correct answer from the options given below:
Choose the correct sequence of development of trade theories:
• [A.] Heckscher--Ohlin Model
• [B.] Theory of Comparative Advantages
• [C.] The Specific Factors Model
• [D.] The Theory of Absolute Advantages Choose the correct answer from the options given below:
The Human Development Index (HDI) is measured based on the following variables:
The Human Development Index (HDI) is measured based on the following variables:
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): The governments of Less Developed Countries (LDCs) must inevitably assume an active responsibility for the future well-being of their countries. Reason (R): Such governments are not preoccupied with problems of debts and deficits as well as poverty, population explosion, unemployment, etc. In the light of the above statements, choose the most appropriate answer from the options given below:
Which one of the following economists has mentioned that invisible hand leads to market equilibrium?
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): In most economies, labour is exploited by capitalists. Reason (R): The middle class does not exist in society. In the light of the above statements, choose the most appropriate answer from the options given below.
The statement, “Seeds of destruction of capitalism lies within it”, was supported by:
In feminist development economics, unpaid domestic and care labour is seen as subsidizing capitalist accumulation because it reproduces the labour force without compensation. What does this indicate?
Seasonal employment in rural areas is understood as:
• [A.] Unlimited supplies of labour
• [B.] The demand of agricultural labour rises periodically for some months in a year
• [C.] The supply of unorganised labour in urban areas decreases periodically for some months in a year
• [D.] Involuntary unemployment Choose the correct answer from the options given below:
To understand the standard of living across countries, one should look at:
• [A.] Per Capita Income (PCI) across countries based on a Standard International Currency
• [B.] Purchasing Power Parity (PPP) across countries
• [C.] Head Count Index across countries
• [D.] Political instability across countries Choose the correct answer from the options given below:
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): Absolute poverty refers to a minimum level of subsistence that no family should be expected to live below. Reason (R): A commonly used measure of absolute poverty is the government's declared poverty line, a money income figure reflecting a certain level of consumption requirements. In the light of the above statements, choose the most appropriate answer from the options given below.
The traditional neoclassical growth theories assert that the output growth results from:
• [A.] Increase in labour quantity
• [B.] Decrease in labour quality
• [C.] Increase in capital
• [D.] Improvement in technology Choose the correct answer from the options given below:
The sequence of the five stages of economic growth identified by Rostow are in the following order:
Choose the correct sequence of indices for understanding the economic development of human beings over time:
• [A.] Multidimensional Human Development Index
• [B.] Per Capita Income
• [C.] Purchasing Power Parity
• [D.] Human Poverty Index Choose the correct answer from the options given below:
The term “disguised unemployment” generally means:
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): Industrialization has been a hallmark of modernization and national economic power. Reason (R): Industrialization is associated with high productivity and incomes. In the light of the above statements, choose the most appropriate answer from the options given below.
Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A): Incentives and price signals cannot function without proper institutions for economic activity to flourish. Reason (R): Markets require institutions because they are not self-regulating, self-stabilizing or self-legitimizing. In the light of the above statements, choose the most appropriate answer from the options given below.
The main pre-requisites of a sound institutional structure for economic development are:
• [A.] Property rights and legally binding contracts
• [B.] Regulatory Institutions
• [C.] Free market institutions
• [D.] Institutions for macroeconomic stability Choose the correct answer from the options given below: