UGC NET Paper 2 tests the single subject you registered for, at 100 questions and 200 marks. This Economics paper covers micro and macroeconomics, statistics and econometrics, Indian economy, development economics and public finance. There is no negative marking, so every question is worth an attempt.
Questions
100 subject MCQs
Total marks
200
Marking
No negative marking
Duration
2 hours
These are practice questions, not official papers. Report unclear questions through the in-test report control; a report does not guarantee an immediate correction.
How to use this practice
Draw the model or identify the accounting identity before evaluating options. Combine diagram-based microeconomics with macroeconomic relationships, econometric interpretation, public finance and Indian-economy applications, noting which assumptions make a conclusion valid.
Topics covered
Microeconomics
Macroeconomics
Statistics and econometrics
Mathematical economics
International economics
Public economics
Money and banking
Growth, development and the Indian economy
Sample questions with worked solutions
These short examples show the style of reasoning used in the simulator. They are illustrative and are not a full practice paper.
Sample 1. A student spends an evening studying instead of taking a paid shift. What is the opportunity cost of studying?
Only the price of textbooks
The wages and other benefits forgone from the best alternative
Every future salary payment
Zero, because no purchase occurred
Show answer and solution
B — The wages and other benefits forgone from the best alternative
Opportunity cost is the value of the next-best alternative sacrificed, here the benefits of taking the shift.
Sample 2. In a simple Keynesian model with no taxes or imports, what is the expenditure multiplier when the marginal propensity to consume is 0.75?
0.25
0.75
3
4
Show answer and solution
D — 4
The simple multiplier is 1/(1 − MPC), so 1/(1 − 0.75) = 1/0.25 = 4.
Official source and review
Pattern information was reviewed against the NTA UGC NET official website on . Exam rules can change, so check the latest official information before booking or sitting an exam.
Questions candidates ask
How many questions are in the UGC NET Economics mock test?
100 subject-specific MCQs worth 200 marks, matching the real Paper 2 format.
Does UGC NET Paper 2 have negative marking?
No. Nothing is deducted for a wrong answer, so leaving questions blank only costs you.
Do I need to clear Paper 1 and Paper 2 separately?
No. Both papers are taken in one sitting and the aggregate decides qualification, so a strong Paper 2 can offset a weaker Paper 1.
Which Economics areas should I prioritise?
Start with the areas where your timed accuracy is weakest, then rotate through the full syllabus. This paper covers microeconomics, macroeconomics, statistics and econometrics, mathematical economics, international economics, public economics, money and banking, growth, development and the indian economy.