Economics Model Question 2079 (Grade XII)
NEB - GRADE XII
2079 (2022)
Economics
(New Course)
For regular students
Candidates are required to give their answers in their own words as far as practicable. The figures in the margin indicate full marks.
Time: 3 hrs.
Full Marks: 75
Attempt all the questions.
Group 'A'          Very Short answer questions          [11x1=11]
1. (What is opportunity cost ?
2.If total revenue of a firm in Rs. 6,000 and total cost is Rs. 4,800, then find the total   profit by using formula.
3.What is monetary policy?
4.Write any two examples of indirect tax.
5.Mention any two importance of human resource for the economic development.
6.What is World Trade Organization ?
7.Write any two problems of Nepalese foreign trade.
8.Which one of the 17 goals of sustainable development is not directly relevant to     Nepal.
9.Write any two uses of statistics in economics.
10.Why census method of collecting data is more expensive than sampling method ?
11.15, 20, x, 93, 30, 35
Find the value of 'x' if the mean of given data is 22.
Income (In Rs.) : 15, 20, x, 30, 35
Group 'B'          Short answer questions                [8x5=40]
12. Explain the production possibility curve with diagram.
      (Or)
      What is socialist economy ? Explain its features.
13. Explain the Wage Fund Theory of wages.
14. Answer the following questions based on the given table
(i) Compete the given table.
(ii) Draw AR and MR curves from the completed table.
15.Explain how a firm determines its equilibrium level of output by using MR-MC Â Â Â Â Â Â Â Â Â approach under perfect competition market.
16.Describe the main functions of central bank.
17.Evaluate the efforts made by government for the reduction of poverty in Nepal.
18.How is plan formulated in Nepal? Explain.
19.Find the standard deviation from the following data and interpret the result.
      OR
 Find the Laspeyre's Price Index from the given data and interpret the result.
Group 'C'        Long answer Question            [3x8=24]
20.Answer the following questions based on the given table.
i. Compete the table by computing the total,average and marginal costs.
ii. Draw the average and marginal cost curves from the completed table
21.Why capital expenditure plays vital role for the economic development of the          country? DiscussÂ
22.Examine the growth and composition of Nepalese foreign trade.Â
   OrÂ
"Foreign employment in not always beneficial for the developing country" justify.
If you have any doubts, Please let me know