Class 12 Economics notes and question bank — NEB Exam

Economics

Class 12 - 14 Chapters

Sub. code 3041

NEB — GRADE XII

2082

Old Question

Class 12 Economics Old Question 2082

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, 2082 (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 Questions.

[11 x 1 = 11]
1.

Mention any two causes to arise problem of choice.

2.

If total cost of producing 7th and 8th unit of goods are Rs. 624 and Rs. 727 respectively, find marginal cost of producing 8th unit of goods.

3.

Which bank is called lender of last resort?

4.

State any one difference between money market and capital market.

5.

Mention any two indicators of human development.

6.

Name the international organisation dealing with global rules of trade between nations.

7.

Write any two objectives of sixteenth plan.

8.

Which sustainable development goal ensures availability of water and sanitation for all?

9.

Define statistics in a singular sense.

10.

Why is primary data preferred over secondary data in research work? Mention any one reason.

11.

Interpret the result of coefficient of range if difference and sum of largest and smallest value of series are 25 and 85 respectively.

Group B

Short answer questions

[8 x 5 = 40]
12.

Describe any five differences between capitalist and socialist economy.

Or
12.

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

13.

Explain the classical theory of interest.

14.

Answer the following questions based on the given table.

Output (Unit of output)

TFC (Rs.)

TVC (Rs.)

TC (Rs.)

0

20

-

-

1

-

20

-

2

-

-

50

3

-

45

-

4

-

-

100

5

-

145

-

a.

Complete the given table.

b.

Draw total variable cost and total cost curves from the completed table.

15.

Let cost function (TC) = 60 + 7Q² and revenue function (TR) = 120Q − 5Q². Find equilibrium level of output and profit.

16.

Describe any five features of direct tax.

17.

You are residing in a village. If you are asked to advise by the Rural Municipality to suggest for employment generation, what kinds of five activities would you suggest for the improvement your village to generate employment? Explain.

18.

Why is foreign employment useful for Nepal? Explain any five reasons.

19.

Find the Standard Deviation from the given data and interpret the result.

Income

10–20

20–30

30–40

40–50

50–60

Labour

8

12

17

14

9

Or
19.

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

Commodity

2078 Price (Rs.)

2078 Quantity

2080 Price (Rs.)

2080 Quantity

A

6

12

10

15

B

5

10

8

10

C

3

8

5

12

D

8

5

7

3

Group C

Long answer question

[3 x 8 = 24]
20.

Answer the following questions based on the given table.

Unit of goods

Price / AR (Rs.)

TR (Rs.)

MR (Rs.)

1

12

-

-

2

11

-

-

3

10

-

-

4

9

-

-

5

8

-

-

6

7

-

-

7

6

-

-

8

5

-

-

a.

Complete the above table.

b.

Identify the structure of market.

c.

Draw total, average and marginal revenue curves from the completed table.

21.

What is free trade? Why are developing countries not always benefited from the expansion of free trade? Explain.

22.

Evaluate the causes of increasing trade deficit in Nepal.

Or
22.

Evaluate the achievement of fifteenth periodic plan of Nepal.

Economics — Old Question 2082NEB Exam

Paper Overview & Analysis

2082

Year

Old Question

Type

75

Full Marks

32

Pass Marks

3 Hours

Duration

25

Question Items

Question Type Breakdown

Short Answer25

Group Breakdown

Group A11 questions · 11 x 1 = 11
Group B9 questions · 8 x 5 = 40
Group C5 questions · 3 x 8 = 24

Chapter Breakdown

Basic Concepts of Statistics4 items—
Basic Concepts of Economics2 items—
Banking and Monetary Policy2 items—
Poverty, Inequality, Unemployment and Human Resource2 items—
International Trade2 items—
Cost and Cost Curves1 item—
Development Planning in Nepal1 item—
Sustainable Development Goals and Nepal1 item—
Factor Pricing1 item—
Theories of Price and Output Determination1 item—
Government Finance1 item—
Foreign Trade and Foreign Employment of Nepal1 item—

Chapter breakdown covers 19 of 25 question items on this paper — the rest aren't tagged to a chapter yet.

1 question item offered alternative ("OR") chapters and isn't attributed to either, since only one could be attempted.