UGC NET Theories of profit Previous Year Questions
JRFSmart holds 5 previous-year questions on Theories of profit from UGC NET Commerce (Paper 2), filed under Unit 3: Business Economics, drawn from 5 of the 22 exam papers in the bank (2018–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.
What is asked in Theories of profit
The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.
| Subtopic | Questions |
|---|---|
| Accounting and economic profit | 1 |
| Theories and economists | 1 |
| Theories and propounders | 1 |
| Chronology of the theories of profit | 1 |
| Theories of profit and their propounders | 1 |
NTA repeat analysis
Theories of profit appears in 5 of 22 papers (23%), which JRFSmart rates as medium frequency.
Sample previous-year questions
Match List - I with List - II. LIST I | LIST II A. Risk theory of Profit | I. Joseph A Schumpeter B. Dynamic theory of Profit | II. F. A. Waker C. Innovation theory of Profit | III. F. B. Hawley D. Profit as rent of ability | IV. J. B. Clark Choose the…
Arrange the following theories of Profit in order of time when these were propounded from oldest to latest - A. Hawley's Risk Theory of profit B. Walker's Theory of Profit: Profit as Rent of Ability C. Clerk's Dynamic Theory of Profit D. Schumpeter's…
Match List-I with List-II : LIST I | LIST II A. Risk theory of profit | I. Schumpeter B. Innovation theory of profit | II. Walker C. Rent theory of profit | III. Hawley D. Dynamic theory of profit | IV. Clark Choose the correct option from those given below :
Match the following theories of profit with their propounders LIST I (Theory) | LIST II (Propounder) A. Profit as Rent of Ability | I. F.B. Hawley B. Dynamic Theory of Profit | II. Joseph A Schumpeter C. Risk Theory of profit | III. J.B. Clark D. Innovation…
The following are the two statements regarding concept of profit. Indicate the correct code of the statements being correct or incorrect. Statement (I) : Accounting profit is a surplus of total revenue over and above all paid-out costs, including both…
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