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CUET PG Economics Course Overview Quiz

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Questions and Answers

What is the aim of the National Testing Agency (NTA)?

Regulating the supply of money and inflation

Assessing the competency of commercial banks

Conducting efficient, transparent, and international standards examinations in India (correct)

Creating credit and high powered money

Which organization conducts the Central University Entrance Test (CUET) for Post-Graduate (PG) programmes?

Commercial Banks

Reserve Bank of India

National Testing Agency (NTA) (correct)

Ministry of Education, Government of India

Which institutions conduct the Central University Entrance Test (CUET) for Post-Graduate (PG) programmes?

Participating Central Universities like JNU, Banaras Hindu University, Galgotias University, K.R. (correct)

State universities only

International universities

Private universities only

What does the Ministry of Education, Government of India aim to achieve by establishing NTA?

Create an independent and autonomous organization for conducting standardized examinations Signup and view all the answers

What is the focus of tests conducted by NTA?

Assessing aspirant’s competency for admissions into top education institutions Signup and view all the answers

What does microeconomics primarily analyze?

Individual agents and markets Signup and view all the answers

Where can economic analysis be applied?

Business, finance, and government Signup and view all the answers

Which distinction in economics involves describing 'what ought to be'?

Normative economics Signup and view all the answers

What is the focus of macroeconomics?

The economy as a system and its interactions Signup and view all the answers

What is the distinction between rational and behavioural economics?

'What is' vs. 'what ought to be' Signup and view all the answers