UGC NET Macroeconomics Previous Year Questions
JRFSmart holds 16 previous-year questions on Macroeconomics from UGC NET Commerce (Paper 2), filed under Unit 3: Business Economics, drawn from 9 of the 22 exam papers in the bank (2021–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Macroeconomics
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Decision making in business economics | 1 |
| Features of a consumption economy | 1 |
| Okun's law | 1 |
| Micro versus macro economics | 1 |
| Determinants of investment | 1 |
| Gravity model of trade | 1 |
| Case - zero-sum game | 1 |
| Case - why economic models are in crisis | 1 |
| Case - phenomena and their reasons | 1 |
| Case - contributions of economics | 1 |
| Case - limits of macroeconomic testing | 1 |
| Case - improving macro policy | 1 |
NTA repeat analysis
Macroeconomics appears in 9 of 22 papers (41%), which JRFSmart rates as high frequency.
Sample previous-year questions
Arrange the following examples of business cycles in chronological order. (Old to New) A. Dot Com bubble burst B. Great Depression C. Covid Pandemic D. Global Finacial Crisis Choose the correct answer from the options given below:
Which of the following are part of micro economics? A. Product pricing B. Consumer behaviour C. Interest rate D. Factor pricing Choose the correct answer from the options given below:
Identify the areas of macro economics: A. National Income B. Balance of Payments C. Level of savings and investment D. Location of industry E. Behaviour of firms Choose the correct answer from the options given below:
Arrange the following steps of the decision-making process in the application of Economics in Business decision-making from starting to end: A. Selection and Implementation of the Decision B. Inventing, developing possible Courses of Action C. Collection and…
Match List - I with List - II. LIST I | LIST II A. Scarcity | I. The act of using goods and services to satisfy want B. Consumption | II. The total amount of output in the economy C. Macroeconomics | III. The excess of human wants over what can actually be…
The study of unemployment is the subject matter of which one of the following Economics?
Capital flows, exchange rates and the interest rates are causes of immediate concern to the national economies. Central banks of various countries have been using a variety of methods with the excessive capital inflows. Foreign portfolio investment has a…
Which of the following economic narratives relates the trade between any two countries to the size of their economics?
Showing 8 of 16 questions, without answers. Practise the full set with options, the official answer and JRFSmart's explanations.
Practise Macroeconomics
All 16 questions, one topic, with explanations and repeat data. One topic in every unit is free.
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