Sub. code 303
NEB — GRADE XI
Set C
Model Question
Class 11 Economics Model Question Set C
The candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.
Pass Marks : 32
सबै प्रश्नको उत्तर दिनुहोस् । (Attempt All Questions)
This model question paper is for Class 11 Economics, Set C (subject code 303), carrying full marks of 75 with a pass mark of 32, to be completed within 3 Hours. Model answers are available for questions that have one — reveal them with a free account (a few reveals) or a paid plan (unlimited).
Group A
Very short question answer
Define Economics according to Adam Smith.
What is Marginal Utility (MU)?
Define Price Elasticity of Demand.
What is Inflation?
What is Economic Development?
What is the current primary driver/sector of Nepal's GDP?
If the supply function is Q s =10+2P, find the quantity supplied when price (P) is Rs. 5.
Find the median of the values: 7, 3, 10, 15, 5.
What is Remittance?
What is Average Fixed Cost (AFC)?
Define Gross National Product (GNP).
Group B
Short answer question
Lionel Robbins' Definition of Economics
Compare and contrast Adam Smith's and Alfred Marshall's definitions of Economics.
Explain the Law of Supply with the help of a schedule and diagram.
Differentiate between Fixed Cost (FC) and Variable Cost (VC) with examples.
Explain the concept of Circular Flow of Income and Expenditure in a two-sector economy.
Explain the indicators of Economic Development.
Discuss the key problems of Water Resource Development in Nepal.
Discuss the role of water resources in economic development.
Explain the prospects of tourism industry in Nepal.
Paper Overview & Analysis
Set C
Year
Model Question
Type
75
Full Marks
32
Pass Marks
3 Hours
Duration
19
Question Items
Question Type Breakdown
Group Breakdown
Chapter Breakdown
| Introduction to macroeconomics | 4 items | 12 marks |
| Demand, Supply and Market equilibrium | 3 items | 7 marks |
| Definition of economics: Adam Smith, Alfred Marshall, Robbins | 2 items | 6 marks |
| Economic development, growth and capital formation | 2 items | 6 marks |
| Review of economy of Nepal | 2 items | 2 marks |
| Basic mathematics | 2 items | 2 marks |
| Natural resources of Nepal | 2 items | 10 marks |
| Elasticity of demand and supply | 1 item | 1 mark |
| Manufacturing and tourism industry in Nepal | 1 item | 5 marks |