Sample Model Question For Grade XII

 Eco. 3041 D

NEB - Grade XII

2079 (2022)

Economics

New Course

(For Regular Students)

(Time) : 3 Hrs.                                                                                                    (Full Marks): 75

(The candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.)

(Group A)

(Very Short Answer Questions)

(Attempt All Questions.)                                                                                   [11 x 1 = 11]

1.      What is production possibility curve?

2.      If total cost is Rs. 1000 and total revenue is Rs. 1200, find the total profit by using the formula.  

3.      Define money market.

4.      Write the meaning of foreign trade.

5.      What is unemployment?

6.      What is World Trade Organization (WTO).

7.      Write the meaning of economic growth.

8.      Which goal of sustainable development is related to Zero Hunger?

9.      Write any two uses of statistics in economics.

10.   Why primary data is more reliable than secondary data?

11.   Find the value of x if the mean of given data is 8. 

        Income (in Rs.): 4, 6, 8, x, 12. 

(Group B)

(Short Answer Questions)

(Attempt All Questions)                                                                                    [8 x 5 = 40]

12.   Explain the scarcity and choice with example.                                         (5)

(Or)

      What are the features of mixed economy? Explain.                                                (5)

13.   Answer the following question on the basis of following table.      (3+2=5)

Units of goods	Price (Rs.)	Total Revenue (Rs.)	Marginal Revenue (Rs.)	Average Revenue (Rs.)
1	10
2	10
3	10
4	10
5	10

    i) Complete the following table. 

    ii) Construct the marginal revenue and average revenue curves on the basis of completed table. 

14.   If AC and AVC are Rs. 30 and Rs. 20 respectively. Calculate TFC at output of 10 units. Why is the short run average cost curve U-shaped? Give reasons                (2+3=5)

15.   Explain the Subsistence Theory of Wages.                                                 (5)

16.   Describe the functions of commercial bank.                              (5)

17.   Evaluate the efforts made for reduction of economic inequality in Nepal.                  (5)

18.   How plan is formulated in Nepal.                                                 (5)

19.   Calculate standard deviation (SD) from the following data and interpret the result:             (4+1=5)

Marks (below)	20	40	60	80	100
No. of students	8	20	50	70	80

(Or)

Find the Laspeyre's Price Index from the given data and interpret the result.         (4+1=5)

Types of Goods	2067 BS		2077 BS
	Price (Rs.)	Quantity (Kg.)	Price (Rs.)	Quantity (Kg.)
A B C D	10 12 15 8	15 18 15 9	20 13 18 12	15 17 20 13

(Long Answer Questions)

(Attempt All Questions)                                                                                  [3 X 8 = 24]

20.   How equilibrium price and output are determined in short-run by a firm using MR-MC approach under monopoly market? Explain.    

21.   Why public finance is considered important in an economy? Explain.  

22.   Evaluate the causes of foreign trade deficit of Nepal.

(Or)

Evaluate the effects of foreign employment in an economy. 

 

Best of Luck !