List of top Economics Questions on National Income Accounting asked in CUET (PG)

Which of the following is not considered in the calculation of GDP?

The current account balance in an open economy:

Which of the following is not a part of the national income?

Arrange the following events in chronological order
(A) New Economic Policy - Liberalisation
(B) Drain of Wealth
(C) White Revolution
(D) Monopolies Inquiry Commission

Which statutory body determines the criteria for tax devolution from the divisible pool to the States in India?

Match List-I with List-II:

List-I		List-II
A	Fiscal Deficit	I	Import minus export of goods and services.
B	Primary Deficit	II	Revenue expenditure minus revenue receipt.
C	Revenue Deficit	III	Fiscal deficit minus interest payment.
D	Current Account Deficit	IV	Capital expenditure plus revenue deficit.

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Order the following country on the basis of nominal per capita income in year 2022, from the highest to lowest.
(a) China
(b) Brazil
(c) Russia
(d) India

Arrange the followings in a correct order.
(a) Procurement of foodgrains by the food corporation of India.
(b) Production of foodgrains in the agricultural sector.
(c) Distribution of foodgrains through fair price shops.
(d) Minimum support prices for foodgrains are decided.

Match List-I with List-II:

List-I(Characteristics)		List-II(Stages)
A	High Birth Rate and High Death Rate	I	Stage I
B	Low Birth Rate and High Death Rate	II	Stage II
C	High Birth Rate and Low Death Rate	III	Stage III
D	Low Birth Rate and Low Death Rate	IV	Not a part of this model

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Match List-I with List-II

List-I(Economic Concepts)		List-II(Description)
A	Kuznets Curve	I	Describes the relationship be tween currency depreciation and current account balance
B	Fisher Effect	II	Describes the relationship between autonomous investment and output
C	J Curve Effect	III	Describes the relationship between income and inequality
D	Multiplier Effect	IV	Describes the relationship between expected inflation rate and interest rate

Choose the correct answer from the options given below