Class 12 Economics notes and question bank — NEB Exam

Economics

Class 12 - 14 Chapters

Sub. code 3041

NEB — GRADE XII

2083

Old Question

Class 12 Economics Old Question 2083

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, 2083 (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 marks[11 x 1 = 11]
1.
[1]

Write the meaning of current expenditure.

2.
[1]

What is Primary Data?

3.
[1]

Write the meaning of opportunity cost in economics with example.

4.
[1]

If a business firm sells 25 units of apple at per unit price Rs. 30, find Total Revenue by using formula.

5.
[1]

Define expansionary monetary policy.

6.
[1]

What is human development index?

7.
[1]

Write any two member country of SAFTA.

8.

State any two items that Nepal exports to other countries.

9.
[1]

Mention any two advantages that Nepal can get from WTO.

10.
[1]

Find the Range from the following data.

11.
[1]

and S.D. are 400, 10 and 25 respectively, find coefficient of S.D.

Group B

Short Answer Questions

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

Explain the concept of Production Possibility Curve (PPC) with the help of a table and diagram.

13.
[5]

Why is division of labour useful for specialisation and qualitative production? Explain with suitable examples for each.

Or
13.
[5]

Describe the concept of Fixed Cost and Variable Cost with examples. Mention any three differences between Fixed and Variable Cost.

14.

The demand function and cost function of a monopoly firm are and . Find MR and MC functions and calculate price and output that maximizes profit.

15.
[5]

Describe the classification of banks in Nepal.

16.
[2 + 3]

Answer the following questions based on the given table.

Quantity

Total Revenue

Marginal Revenue

Average Revenue

1

20

2

36

3

48

4

56

5

60

a.
[3]

i. Complete the given table.

b.

Draw the diagram of TR, MR and AR from the completed table.

17.

What is unemployment? What steps should be effective to minimize the unemployment situation in Nepal? Explain.

18.
[5]

Describe any five priorities of the current plan of Nepal.

19.

Calculate the mean deviation and its coefficient using mean from the following data.

Marks

0–10

10–20

20–30

30–40

40–50

No. of Students (f)

7

8

15

5

5

Or
19.
[5]

Find price index number by using Laspeyres' method and analyze the result on the basis of given data.

Commodities

2019

2019

2023

2023

Price Rs.

Quantity

Price Rs.

Quantity

A

30

20

35

25

B

40

15

50

20

C

25

30

30

25

D

35

25

35

30

Group C

Long Answer Questions

24 marks[3x8=24]
20.
[8]

Describe the short-run equilibrium under perfect competition with diagram.

21.
[8]

Explain the application of various qualities of a good tax system.

22.

Foreign employment has some benefits. But it is observed that foreign employment is creating a number of problems and negative effects in the economy. In this context, evaluate the effects of foreign employment on the long-term economic development of Nepal.

Or
22.
[8]

Evaluate any four sustainable development goals relevant to the Nepalese context with examples.

Economics — Old Question 2083NEB Exam

Paper Overview & Analysis

2083

Year

Old Question

Type

75

Full Marks

32

Pass Marks

3 Hours

Duration

23

Question Items

Question Type Breakdown

Short Answer20
Long Answer3

Group Breakdown

Group A11 questions · 11 marks
Group B9 questions · 40 marks
Group C3 questions · 24 marks

Chapter Breakdown

Basic Concepts of Statistics4 items8 marks
Foreign Trade and Foreign Employment of Nepal3 items2 marks
Basic Concepts of Economics2 items6 marks
Banking and Monetary Policy2 items6 marks
Poverty, Inequality, Unemployment and Human Resource2 items1 mark
Theories of Price and Output Determination2 items8 marks
Market and Revenue Curves1 item1 mark
Development Planning in Nepal1 item5 marks
Government Finance1 item8 marks

Chapter breakdown covers 18 of 23 question items on this paper — the rest aren't tagged to a chapter yet.

2 question items offered alternative ("OR") chapters and aren't attributed to either, since only one could be attempted.