Class 12 Economics notes and question bank — NEB Exam

Economics

Class 12 - 14 Chapters

Sub. code 3041

NEB — GRADE XII

2081

Old Question

Class 12 Economics Old Question 2081

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 old question paper is for Class 12 Economics, 2081 (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[11*1 = 11]
1.
[1]

What is choice?

2.
[1]

If the total revenue of a firm is TR = 7Q² − 8Q + 30 and total cost is TC = 6Q² − 10Q + 20, then find the total profit.

3.
[1]

What is external borrowing?

4.
[1]

Write any one difference between free trade and protection trade.

5.
[1]

Mention any two measures to reduce inequality.

6.
[1]

Write any two principles of SAFTA.

7.
[1]

Mention any two advantages of remittance in Nepal.

8.
[1]

Which goal of sustainable development is related to gender equality?

9.
[1]

What is statistics in plural sense?

10.
[1]

Why is sampling more economical than census?

11.
[1]

If median = 23 and mode = 25, find the value of arithmetic mean.

Group B

Short answer question

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

What is labour specialization? Explain its any four disadvantages

Or
12.
[5]

What is the economic system adopted by Nepal? Explain any four features.

13.
[3+2]

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

14.
[5]

Answer the following questions based on the given table:

Unit of goods

Price in Rs.

TR (Rs.)

AR (Rs.)

MR (Rs.)

1

25

2

20

3

15

4

10

(a) Complete the given table.
(b) Draw AR and MR curves from the completed table.

15.
[5]

Let cost function TC = Q² + 8Q + 4 and demand function P = 20 − Q. Find output and price at equilibrium level.

16.
[5]

Explain any five roles of banking system in the economic development of the country.

17.
[5]

Evaluate any five causes of increasing unemployment in Nepal.

18.
[2+3]

Describe any two national objectives and any three national strategies of the current plan of Nepal.

19.
[5]

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

Company

Average wage rate

Standard deviation

X

45

13

Y

40

12

(a) Find the coefficient of variation for each company.
(b) Which company’s wage rate is more consistent and why? Give reason.

Or
19.
[5]

Find the index number by using Laspeyres’ method from the following data and interpret the result.

Commodity

2020 Price (Rs.)

2020 Quantity

2024 Price (Rs.)

2024 Quantity

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[3*8 = 24]
20.

Answer the following questions based on the given table

Output

TFC

TVC

TC

AC

MC

0

60

0

60

1

60

10

2

60

18

3

60

21

4

60

32

5

60

50

6

60

84

7

60

130

8

60

190

a.

Complete the given table.

b.

Draw average and marginal cost curves from the completed table.

21.
[8]

Explain the sources of government revenue in reference to Nepal.

22.
[8]

Examine the advantages and disadvantages of foreign employment of Nepal

Or
22.
[8]

Major problems of Nepalese foreign trade

Economics — Old Question 2081NEB Exam

Paper Overview & Analysis

2081

Year

Old Question

Type

75

Full Marks

32

Pass Marks

3 Hours

Duration

23

Question Items

Question Type Breakdown

Short Answer21
Long Answer2

Group Breakdown

Group A11 questions · 11 marks
Group B8 questions · 40 marks
Group C4 questions · 24 marks

Chapter Breakdown

Basic Concepts of Statistics4 items8 marks
Basic Concepts of Economics2 items6 marks
Theories of Price and Output Determination2 items6 marks
Government Finance2 items9 marks
International Trade2 items2 marks
Poverty, Inequality, Unemployment and Human Resource2 items6 marks
Foreign Trade and Foreign Employment of Nepal2 items9 marks
Sustainable Development Goals and Nepal1 item1 mark
Factor Pricing1 item5 marks
Market and Revenue Curves1 item5 marks
Banking and Monetary Policy1 item5 marks
Development Planning in Nepal1 item5 marks

Chapter breakdown covers 21 of 23 question items on this paper — the rest aren't tagged to a chapter yet.