Class 12 Economics notes and question bank — NEB Exam

Economics

Class 12 - 14 Chapters

Sub. code 3041

NEB — GRADE XII

Set F

Model Question

Class 12 Economics Model Question Set F

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 F (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]

Write any two advantages of division of labour.

2.
[1]

Calculate the marginal cost of the 8th unit when total costs for 7 and 8 units are Rs. 624 and Rs. 727.

3.
[1]

Which financial institution acts as the lender of last resort?

4.
[1]

Give one distinction between the money market and the capital market.

5.
[1]

List two key metrics used to measure human development.

6.
[1]

Which global body regulates trade rules between countries?

7.
[1]

State two primary goals of Nepal's 16th periodic plan.

8.
[1]

Identify the Sustainable Development Goal (SDG) that focuses on achieving gender equality.

9.
[1]

Define the meaning of statistics when used in its plural sense.

10.
[1]

Give one reason why sampling is considered more cost-effective than a complete census for data collection.

11.
[1]

Calculate the arithmetic mean when the median is 23 and the mode is 25.

Group B

Short answer questions.

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

Define division of labor. Explain four drawbacks associated with labor specialization.

Or
12.
[5]

Which type of economy does Nepal practice? Describe four of its key characteristics.

13.
[5]

Explain the risk bearing theory of profit.What are its criticisms?

14.
[5]

Answer the following questions based on the given data.

Units

Price

TR

MR

AR

1

8

2

7

3

6

4

6

a.Complete the given table.

b.draw average and marginal revenues curves from the complete table .

15.
[5]

How price and outputs are determined in short run under monopoly market? Explain

16.
[5]

Describe any five functions of central bank in the context of Nepal.

17.
[5]

What are five ways to minimize economic and social inequality in Nepal?

18.
[5]

Describe the procedure of national planning formulation in Nepal.

19.
[5]

Find the standard deviation from the given data and interpret the result.

Wages Rs.

No. of Labor

15

4

22

5

26

3

32

6

35

2

Or
19.
[5]

Find Paasche's Price Index Number from the given data and interpret the result.

Types of Goods

B.S. 2070

B.S. 2070

B.S. 2077

B.S. 2077

Per unit price in Rs.

Quantity of goods in kg.

Per unit price in Rs.

Quantity of goods in kg.

A

8

12

15

15

B

9

22

12

19

C

12

11

18

19

D

5

20

10

25

Group C

Long answer questions.

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

Illustrate the price and output determination process under perfect competition and show the situations of short-run equilibrium of the firm by MR-MC approach.

21.
[8]

Examine how foreign employment serves as a critical driver for Nepal's economic growth and development.

22.
[8]

Examine the major problems of Nepalese foreign trade.

Or
22.
[8]

Explain the classification of government expenditure with reference of Nepal.

Economics — Model Question Set FNEB Exam

Paper Overview & Analysis

Set F

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