List of top Economics Questions on Income and Employment asked in CUET (UG)

Match List-I (Concepts) with List-II (Definitions/Examples): \[ \small \begin{array}{|c|p{4.2cm}|c|p{5.8cm}|} \hline \multicolumn{2}{|c|}{List-I (Concepts) & \multicolumn{2}{c|}{List-II (Definitions/Examples) \hline (A) & Intermediate Goods & (I) & Unexpected rise in sales leads to stock depletion \hline (B) & Unplanned Accumulation of Inventories & (II) & Production - Sales \hline (C) & Change in Inventories Formula & (III) & Completely used in the production process \hline (D) & Unplanned Decumulation of Inventories & (IV) & Unexpected fall in sales leads to unsold stock \hline \end{array} \] Choose the correct answer from the options given below:

The following data shows the number of students in different streams in a school: 

Which type of graph is best suited to represent this data?

The following data represents the income of a country for a year: 

Calculate the National Income (NI) of the country.

Casualization of workforce would result in:
Choose the correct statements from the following :
(A) Adam Smith is termed as Father of Modern Economics.
(B) J.M. Keynes gave the Theory of Income, Output and Employment.
(C) Four Sector Model = C + I + G + (X – M)
(D) Store of value is primary function of money.
Choose the correct answer from the options given below :