Shocking 😮 CUET ECONOMICS - 30th May Slot 1- REVIEW

Описание: Here’s a detailed list of the review from CUET Economics – 30 May 2025, Slot 1:
1. The paper was entirely NCERT-based; easy for those who studied from NCERT, tricky for others.
2. Macro had more weight than Microeconomics.
3. Multiple questions from Balance of Payments (BOP) chapter including a case study on BOP.
4. Case study on TU-MU (Total Utility – Marginal Utility) relationship.
5. Case study on AVC, TFC and total production cost – direct and easy.
6. Question: If TC at zero output level is 20, then what is TFC at output level 6?
7. Question: If price increases by 20% and consumption decreases from 175 to 75, calculate elasticity of demand.
8. Case study where consumption function and investment were given to calculate income.
9. Conceptual question on persistent current account deficit.
10. Sequence-based question on commercial bank deposits (initial and secondary).
11. Sequence-based question on expenditure method steps.
12. Sequence-based question on budget presentation.
13. Sequence-based question on price determination and investment multiplier.
14. Two investment multiplier questions – one easy, one tough.
15. Question: Which of the following is included in NNP at factor cost? (Student marked GST paid by firms).
16. Question on RBI’s minimum reserve system.
17. Numerical on cost curves – AVC, TFC, TVC.
18. Numerical: One more expenditure on capital goods is called what? (Options included Gross Inv, Fixed Inv, GDCF, Inventory Investment).
19. Tricky question: If Aggregate Supply is perfectly elastic, what does it imply?
• Options included: Excess capacity, Low AD, Full Employment, Underemployment (Multiple correct).
20. Questions from elasticity of demand and supply – both numerical and conceptual.
21. Theory-based question: Which value of MPC applies if part of consumption increases?
• Options: MPC = 1, MPC greater 1, MPC less 1, MPC 0 to 1
22. Conceptual questions from Stock and Flow.
23. Direct NCERT-based question on Error and Omission in BoP.
24. Features of a Perfectly Competitive Market.
25. Equilibrium attainment in perfectly competitive market – sequence-based.
26. Chapter 1 Macro: Theory by Adam Smith (“The Wealth of Nations”).


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