NEB Class 12 Management Economics Question Paper 2080 (Set B)
Group 'A'
Very Short answer questions.
What is division of labour?
If total cost (TC) is Rs. 100 and total profit is Rs. 300, find the total revenue (TR) by using the formula.
Numeric answer (Rs.)
What is commercial bank?
Show any one difference between Balance of trade and balance of payment.
Write any two causes of poverty.
What is development plan?
What is zero hunger in the context of Nepal?
Which goal of sustainable development is related to poverty?
Mention any two limitations of statistics.
Why is primary data important?
How Laspeyre's price Index differs from Paasche's price Index. Write in one sentence.
Group 'B'
Short answer questions.
Describe the features of socialist economic system.
Or
Explain production possibility curve (PPC) with diagram.
Explain risk bearing theory of profit.
Answer the following questions based on the given table.
| Units of sold goods | Price (Rs.) | TR | MR | AR |
|---|---|---|---|---|
| 1 | 5 | |||
| 2 | 4 | |||
| 3 | 3 | |||
| 4 | 2 |
(I) Complete the given table. (3)
(II) Derive average revenue (AR) and marginal revenue (MR) curves based on the completed table. (2)
Explain the equilibrium under perfect competition using MC-MR approach.
Explain the qualities of a good tax system.
Analyze the role of human resources in economic development.
Why is foreign trade important? Give reasons.
Group 'C'
Long answer questions.
Find the standard deviation from the given data and interpret the result. (4+1)
| Expenditure (Rs.) | 15 | 25 | 30 | 32 | 36 |
|---|---|---|---|---|---|
| Businessmen | 4 | 7 | 5 | 3 | 2 |
Or
Find Paasche's Price Index Number from the given data and interpret the result. (4+1)
| Types of goods | 2073 price | 2073 qty | 2078 price | 2078 qty |
|---|---|---|---|---|
| A | 4 | 10 | 6 | 12 |
| B | 5 | 12 | 8 | 10 |
| C | 6 | 15 | 10 | 18 |
| D | 4 | 14 | 6 | 15 |
| E | 3 | 13 | 5 | 15 |
Construct the total fixed cost (TFC) total variable cost (TVC) and total cost (TC) curves and explain their nature.
Justify the need of public finance for an economy.
State the composition of Nepalese foreign trade and also give appropriate suggestions to reduce the problem of trade deficit. (4+4)
Or
Examine the role of remittance in the economic development of Nepal.