SEE Economics Practice Set -1

Class: X [Economics]
(SEE practice exam questions – I)

Time: 3 Hours                                                                                     FM: 75 / PM: 27 

                                       Group A                                        

Give a very short answer to the following questions.

1. Write the nature of the average revenue as output increases under perfect competition. (पूर्ण प्रतिस्पर्धामा उत्पादन बढ्दै जाँदा औसत राजस्व (Average Revenue) को प्रकृति लेख्नुहोस्।)
2. Calculating the marginal cost if output changes from 7 to 9 units causes the change to total cost from Rs. 25000 by Rs. 250. (यदि उत्पादन 7 इकाइबाट 9 इकाइमा परिवर्तन हुँदा कुल लागत (Total Cost) रु. २५,००० बाट रु. २५० ले परिवर्तन हुन्छ भने सिमान्त लागत (Marginal Cost) गणना गर्नुहोस्।)
3. Write the two conditions for output determination. (उत्पादन निर्धारणका दुई सर्तहरू लेख्नुहोस्।)
4. What is the marginal Cost? (सिमान्त लागत (Marginal Cost) भनेको के हो?)
5. What is type of paper money currently in circulation in Nepal? (हाल नेपालमा चलनचल्तीमा रहेका कागजी पैसाका प्रकारहरू के हुन्?)
6. What is indirect tax? (अप्रत्यक्ष कर (Indirect Tax) के हो?)
7. Give two suggestions to increase human development index of Nepal. (नेपालको मानव विकास सूचकांक (Human Development Index) वृद्धि गर्न दुई सुझाव दिनुहोस्।)
8. Mention three measure goods imported by Nepal. (नेपालले आयात गर्ने तीन प्रमुख वस्तुहरू उल्लेख गर्नुहोस्।)
9. When was Nepal Rastriya Bank established? (Nepal Rastriya Bank (NRB) कहिले स्थापना भएको थियो?)
10. Define statistics as singular sense? (Singular अर्थमा तथ्याङ्कको परिभाषा दिनुहोस्।?)
11. Define scarcity. (अभाव (Scarcity) परिभाषित गर्नुहोस्।)

Group B

Give short answers to the following questions. (8*5)

12. Complete the following table and write the relation pf AR and MR.

13. Clarify the process of price determination under perfect competition with table.
14. Consider the following table and answer the following questions.

1. 1. Draw the market demand and supply curves for the commodity on a single diagram, based on the given table
   2. Identify the relationship between market price and quantity demanded, as well as market price and quantity supplied, based on the diagram.
   3. Based on the diagram, analyze the interactions between the market demand and market supply of the commodity in a perfectly competitive market, and determine the equilibrium price and quantity.

15. Mention the major difference between economics growth and economic development.

16. Explain the role of uncertainty in the profit generation based on the uncertainty-bearing theory of profit.

17. Explain the five characteristics/features of Nepal’s economy.

18. Calculate mean and median from the following data:

19. Define the term statistic in plural and singular form.

Or,

Show the given data in pie-diagram.

Group C

Write long answers to the following questions.

20. Explain how commercial bank can contribute to the economic development of Nepal.
21. Construct the frequency distribution table from the mark obtained by class 10 students in economics subject having full marks of 75 with the first-class interval as 0-10 and calculate the simple arithmetic mean and interpret the result.

Obtained marks: 5, 10, 15, 25, 55, 5,15,10,25,50,10,5, 15,55,5,10,35,25, 45,45,10,25,5, 35,30,5,55,5,25,55.

22. Construct price index using Laspeyres’s and Paasche’s method from the following data and mention/draw the conclusions based on the results.

*** Wishing you the very best on your exams! ***

Download: SEE – Economics – Model set 1