First Term XII (B)

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The Times International College

First Term Exam – 2079


Grade: XII Faculty: Management Full Marks: 75
Time: 3:00 Hrs. Subject: Economics (Set-B) Pass Marks: 30
Candidates are required to given their answers in their own words as far as practicable. The
figures in the margin indicate full marks.
Group-A[1*11=11]

Attempt all the questions.


1. Define government expenditure.
2. Define proportional tax?
3. Define marginal cost.
4. Define variable cost.
5. List any four features of monopoly market.
6. What is condition for firm’s equilibrium under TR-TC approach?
7. Define poverty.
8. What do you mean by protectionism?
9. Define BOT.
10. Define indirect tax..

11. In a data ∑ fm=40 , ∑ f m2=192 , x=4 and N=10 , find coefficient of variation.
Group – B
Attempt All Questions. [8´5=40]
12. What is capitalist economy? Explain its features.
OR
List the 17 sustainable development goal 2030.
13. Consider the following table.

Price 24 20 16 12 8 4

Quantity 1 2 3 4 5 6

i. Calculate value of TR, AR, and MR.


ii. Draw the curve for TR, AR and MR.
iii. What types of market is this?
14. How a firm attains equilibrium under MC-MR approach in monopoly market? Explain.
15. Explain the relationship between AC and MC.
16. Briefly explain the sources of government borrowing
17. What are the causes of inequality? Explain.
18. What is monetary policy? Explain its types.
19. Compute standard deviation and coefficient of variation of given data.

Class 0-20 20-40 40-60 60-80 80-100

F 5 15 25 10 7

Group – C
Answer any five questions. [3´8=24]
20. How price and output are determined under monopoly market? Explain.
21. . What is commercial bank? Explain its function.
22. How development plan is formulated in case of Nepal.
Or,
What is unemployment? What are its consequences? Explain

Best of Luck

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