Sub. code 3041
NEB — GRADE XII
2080
Old Question
Class 12 Economics Old Question 2080
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 old question paper is for Class 12 Economics, 2080 (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
What is allocation of resources?
If total revenue of a firm is Rs. 5,000 and total cost is Rs. 4,200, then find the total profit using formula.
What is progressive tax?
Write any two arguments in favour of free trade.
What is Human Development Index (HDI)?
What is South Asian Free Trade Area (SAFTA)?
Write any two importance of remittance in Nepalese economy.
Write one of the 17 SDGs not directly relevant to Nepal.
Write any two importance of statistics in economics.
Why is sampling more economical than census?
Find the value of X if the mean of the given data is 35. Income in Rs.: 10, 20, X, 40, 60.
Group B
Short answer question
What is division of labour? Explain its advantages.
What is capitalist economy? Explain its features.
Explain the Ricardian theory of rent.
Answer the following questions based on the given table:
Units of sold goods | Price in Rs. | TR | MR (Rs.) | AR |
|---|---|---|---|---|
1 | 20 | |||
2 | 20 | |||
3 | 20 | |||
4 | 20 |
(i) Complete the given table.
(ii) Draw average and marginal revenue curves from the completed table.
How equilibrium output is determined by a firm using MR-MC approach under monopoly market? Explain.
Describe the main functions of commercial bank.
Evaluate the efforts made by the government for the reduction of poverty in Nepal.
Explain how plan is formulated in Nepal.
Find the standard deviation from the given data. Standard deviation is considered superior to mean deviation, why? Justify this statement with two reasons.
Marks | 45 | 50 | 55 | 60 | 65 |
|---|---|---|---|---|---|
No. of students | 3 | 5 | 8 | 7 | 4 |
Find Paasche’s price index number from the given data. How is Paasche’s price index number different from Laspeyres’ price index number?
Types of goods | 2070 Price (Rs.) | 2070 Quantity | 2078 Price (Rs.) | 2078 Quantity |
|---|---|---|---|---|
A | 6 | 12 | 10 | 15 |
B | 5 | 10 | 8 | 10 |
C | 3 | 8 | 5 | 12 |
D | 8 | 5 | 7 | 13 |
Group C
Long answer question
Answer the following questions based on the given table.
Output | TFC | TVC | TC | AC | MC |
|---|---|---|---|---|---|
0 | 100 | 0 | 100 | ||
1 | 100 | 10 | |||
2 | 100 | 18 | |||
3 | 100 | 23 | |||
4 | 100 | 32 | |||
5 | 100 | 50 | |||
6 | 100 | 80 | |||
7 | 100 | 124 | |||
8 | 100 | 180 |
Complete the table by computing total, average and marginal cost.
Draw average and marginal cost curves from the completed table.
Why does capital expenditure play a vital role in the economic development of a country? Describe.
Examine the direction and problems of Nepalese foreign trade.
How can foreign employment contribute to the Nepalese economy? Examine it.
Paper Overview & Analysis
2080
Year
Old Question
Type
75
Full Marks
32
Pass Marks
3 Hours
Duration
23
Question Items
Question Type Breakdown
Group Breakdown
Chapter Breakdown
| Basic Concepts of Statistics | 4 items | 8 marks |
| Basic Concepts of Economics | 2 items | 6 marks |
| Theories of Price and Output Determination | 2 items | 6 marks |
| Government Finance | 2 items | 9 marks |
| International Trade | 2 items | 2 marks |
| Poverty, Inequality, Unemployment and Human Resource | 2 items | 6 marks |
| Foreign Trade and Foreign Employment of Nepal | 2 items | 9 marks |
| Sustainable Development Goals and Nepal | 1 item | 1 mark |
| Factor Pricing | 1 item | 5 marks |
| Market and Revenue Curves | 1 item | 5 marks |
| Banking and Monetary Policy | 1 item | 5 marks |
| Development Planning in Nepal | 1 item | 5 marks |
| Cost and Cost Curves | 1 item | — |
Chapter breakdown covers 22 of 23 question items on this paper — the rest aren't tagged to a chapter yet.