CUET UG Economics Mock Test – 2026
Based on CUET UG Economics 318 Official Syllabus for 2026
PYQ-Style Practice Paper | NTA Pattern
Total Questions 50 Marking Scheme +5 / –1
Time Allowed 60 Minutes Total Marks 250
Passage-Based Sets 2 Caselets (4 Qs each) Coverage Micro + Macro
Covers: Introductory Microeconomics & Introductory Macroeconomics
Includes 2 Full Passage-Based Caselets (4 Questions Each)
,GENERAL INSTRUCTIONS
1. This paper contains exactly 50 compulsory questions.
2. Each question has four options: A, B, C and D. Only one option is correct.
3. Marking: +5 marks for each correct answer; –1 mark for each incorrect answer. No marks for
unattempted questions.
4. Time allowed: 60 minutes.
5. The paper includes 2 passage-based caselets. Each caselet has exactly 4 linked questions.
6. Read each passage carefully before answering the related questions.
7. Use the rough space/margin for calculations. Show working where required.
8. Do not spend too much time on one question — attempt easier questions first.
9. Questions are shuffled across topics. Do not assume topic sequence.
10. This is a CUET-style practice paper and not an official NTA paper.
Important Notes on Passage-Based Questions:
• Passage 1 (Macroeconomics) appears at Questions 21–24.
• Passage 2 (Government Budget & National Income) appears at Questions 41–44.
• Each passage is self-contained with all necessary data for answering the 4 linked questions.
, QUESTION PAPER
CUET UG Economics – Mock Test 2026 | 50 Questions | 60 Minutes | +5 / –1
1. A consumer has an income of ■600. The price of Good X is ■30 and the price of Good Y is ■20.
Which of the following represents the correct equation of the budget line?
A. 30X + 20Y = 600
B. 20X + 30Y = 600
C. X/30 + Y/20 = 600
D. 30/X + 20/Y = 600
2. GDP at Market Price of an economy is ■8,00,000 crore. Net Factor Income from Abroad (NFIA) is
■(–20,000) crore. Depreciation is ■40,000 crore. Net Indirect Taxes (NIT) are ■60,000 crore. What is
the National Income (NNP at FC)?
A. ■6,80,000 crore
B. ■7,00,000 crore
C. ■7,80,000 crore
D. ■7,20,000 crore
3. In the short run, when Total Product (TP) is increasing at a diminishing rate, which of the
following is TRUE regarding Marginal Product (MP)?
A. MP is negative
B. MP is zero
C. MP is positive but falling
D. MP is positive and rising
4. A commercial bank receives a fresh deposit of ■10,000 crore. The Cash Reserve Ratio (CRR) is
20%. What is the maximum credit that the banking system can create?
A. ■2,000 crore
B. ■50,000 crore
C. ■40,000 crore
D. ■8,000 crore
5. Which of the following is NOT a feature of Monopolistic Competition?
A. Large number of buyers and sellers
B. Product differentiation
C. Heavy selling costs
D. Homogeneous product
6. Identify the CORRECT statement about an Inflationary Gap.
A. Aggregate Demand falls short of Aggregate Supply at the full employment level of income
B. Aggregate Demand exceeds Aggregate Supply at the full employment level of income
C. Aggregate Supply exceeds Aggregate Demand at below full employment level
D. Saving exceeds Investment at the equilibrium level of income
Based on CUET UG Economics 318 Official Syllabus for 2026
PYQ-Style Practice Paper | NTA Pattern
Total Questions 50 Marking Scheme +5 / –1
Time Allowed 60 Minutes Total Marks 250
Passage-Based Sets 2 Caselets (4 Qs each) Coverage Micro + Macro
Covers: Introductory Microeconomics & Introductory Macroeconomics
Includes 2 Full Passage-Based Caselets (4 Questions Each)
,GENERAL INSTRUCTIONS
1. This paper contains exactly 50 compulsory questions.
2. Each question has four options: A, B, C and D. Only one option is correct.
3. Marking: +5 marks for each correct answer; –1 mark for each incorrect answer. No marks for
unattempted questions.
4. Time allowed: 60 minutes.
5. The paper includes 2 passage-based caselets. Each caselet has exactly 4 linked questions.
6. Read each passage carefully before answering the related questions.
7. Use the rough space/margin for calculations. Show working where required.
8. Do not spend too much time on one question — attempt easier questions first.
9. Questions are shuffled across topics. Do not assume topic sequence.
10. This is a CUET-style practice paper and not an official NTA paper.
Important Notes on Passage-Based Questions:
• Passage 1 (Macroeconomics) appears at Questions 21–24.
• Passage 2 (Government Budget & National Income) appears at Questions 41–44.
• Each passage is self-contained with all necessary data for answering the 4 linked questions.
, QUESTION PAPER
CUET UG Economics – Mock Test 2026 | 50 Questions | 60 Minutes | +5 / –1
1. A consumer has an income of ■600. The price of Good X is ■30 and the price of Good Y is ■20.
Which of the following represents the correct equation of the budget line?
A. 30X + 20Y = 600
B. 20X + 30Y = 600
C. X/30 + Y/20 = 600
D. 30/X + 20/Y = 600
2. GDP at Market Price of an economy is ■8,00,000 crore. Net Factor Income from Abroad (NFIA) is
■(–20,000) crore. Depreciation is ■40,000 crore. Net Indirect Taxes (NIT) are ■60,000 crore. What is
the National Income (NNP at FC)?
A. ■6,80,000 crore
B. ■7,00,000 crore
C. ■7,80,000 crore
D. ■7,20,000 crore
3. In the short run, when Total Product (TP) is increasing at a diminishing rate, which of the
following is TRUE regarding Marginal Product (MP)?
A. MP is negative
B. MP is zero
C. MP is positive but falling
D. MP is positive and rising
4. A commercial bank receives a fresh deposit of ■10,000 crore. The Cash Reserve Ratio (CRR) is
20%. What is the maximum credit that the banking system can create?
A. ■2,000 crore
B. ■50,000 crore
C. ■40,000 crore
D. ■8,000 crore
5. Which of the following is NOT a feature of Monopolistic Competition?
A. Large number of buyers and sellers
B. Product differentiation
C. Heavy selling costs
D. Homogeneous product
6. Identify the CORRECT statement about an Inflationary Gap.
A. Aggregate Demand falls short of Aggregate Supply at the full employment level of income
B. Aggregate Demand exceeds Aggregate Supply at the full employment level of income
C. Aggregate Supply exceeds Aggregate Demand at below full employment level
D. Saving exceeds Investment at the equilibrium level of income
