Class 12 Economics notes and question bank — NEB Exam

Economics

Class 12 - 14 Chapters

Sub. code 3041

NEB — GRADE XII

Set E

Model Question

Class 12 Economics Model Question Set E

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

समय (Time) : 3 Hoursपूर्णाङ्क (Full Marks) : 75

Pass Marks : 32

सबै प्रश्नको उत्तर दिनुहोस् । (Attempt All Questions)

This model question paper is for Class 12 Economics, Set E (subject code 3041), 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 answer question

11 marks[11x1=11]
1.
[1]

What is division of labour?

2.
[1]

Calculate the total earnings generated if a merchant dispatches 200 books priced at Rs 660 per unit.

3.
[1]

State any one difference between money market and capital market.

4.
[1]

How can you explain the monetary difference between a nation's total exports and total imports over a specific period?

5.
[1]

State the total population size and annual exponential growth rate of Nepal as recorded in the 2078 BS national census.

6.
[1]

State two primary goals pursued by the World Trade Organization in global commerce.

7.
[1]

Identify five foreign nations legally or officially open for employment opportunities for Nepali migrant workers.

8.
[1]

State two targets established under the United Nations Sustainable Development Goals (SDGs) framework.

9.
[1]

How is the term "statistics" interpreted when viewed as a scientific method or a body of statistical techniques for data analysis?

10.
[1]

Give one difference between primary and secondary data.

11.
[1]

Calculate the coefficient of range for the given statistical values: .

Group B

Short answer questions

40 marks[8x5=40]
12.
[5]

What is division of labour? Explain its any four advantages.

Or
12.
[5]

Describe any five differences between capitalist and socialist economy.

13.
[5]

Explain the classical theory of interest.

14.
[5]

Answer the following question based on the given table.

Units of Good Sold

Price (in Rs)

Total Revenue

Marginal Revenue

Average Revenue

1

10

2

8

3

6

4

4

  1. Complete the given table

  2. Draw average and marginal revenue curves from the completed table

15.
[5]

Explain any five functions of central bank.

16.
[5]

Analyse the relationship between average cost and marginal cost based on a diagram.

17.
[5]

What are five major factors that contribute to wealth and income inequality?

18.
[5]

How is a periodic development plan prepared in Nepal? Explain.

19.
[5]

Solve the following questions based on the average wage rates and standard deviation of two similar company X and Y as represented in the table.

Company

Average wage rate

Standard deviation

X

40

13

Y

50

14

  1. Find the coefficient of variation for each company.

  2. Which company's wage rate is more consistent and why ? Give reason.

Or
19.
[5]

Find the index number by using Paasche's method from the following data and interpret the result.

Commodity

2020 Price Rs.

2020 Quantity

2024 Price Rs.

2024Quantity

A

8

20

10

25

B

9

18

12

20

C

7

15

11

12

D

6

22

9

30

Group C

Long answer question

24 marks[8x3=24]
20.
[8]

Answer the following questions based on the given table.

Output

TFC

TVC)

TC

AC

MC

0

50

0

50

1

50

10

-

2

50

16

-

-

-

3

50

20

-

-

-

4

50

26

-

-

-

5

50

35

-

-

-

6

50

55

-

-

-

7

50

90

-

-

-

8

50

150

-

-

-

  • Complete the given table.

  • Draw average and marginal cost curves based on the completed table.

21.
[8]

What is goverment finance? explains its importance.

22.
[8]

Define free trade and explain why its expansion fails to consistently benefit developing nations.

Or
22.
[8]

Highlight the major advantages and disadvantages of foreign employment with special reference to Nepal.

Economics — Model Question Set ENEB Exam

Paper Overview & Analysis

Set E

Year

Model Question

Type

75

Full Marks

32

Pass Marks

3 Hours

Duration

22

Question Items

Question Type Breakdown

Very Short Answer11
Short Answer8
Long Answer3

Group Breakdown

Group A11 questions · 11 marks
Group B8 questions · 40 marks
Group C3 questions · 24 marks