BECE-144 · December 2023 · English
IGNOU BECE-144 December 2023 Previous Year Question Paper
FINANCIAL ECONOMICS
Structured previous year question paper for BECE-144, December 2023 session.
Max marks: 100 · Questions: 12 · Sections: 3
Verified: 5 Aug 2026
BACHELOR OF ARTS (HONOURS)
ECONOMICS (BAECH)
Term-End Examination
December, 2023
BECE-144 : FINANCIAL ECONOMICS
Time : 3 Hours Maximum Marks : 100
Note : Answer questions from all the Sections as
directed.
Section—A
Note : Answer any two questions from this Section.
Q1.What are the various types of financial markets ? Describe the features of financial markets.
Q2.(a) Explain the term structure of interest rates. [ 2 ] BECE–144
(b) Explain the concept of internal rate of return. How i s it used in financial planning ?
Q3.Explain how a r ational economic agent makes decision under uncertainty.
Q4.Discuss the Capital Asset Pricing Mode l (CAPM). What are its limitations ?
Section—B
Note : Answer any four questions from this Section.
Q5.Describe ‘forwards’ as financial assets. In what way are they different from ‘futures’ ?
Q6.Explain how options can be viewed as financial assets. Discuss the two main types of options.
Q7.Discuss the environmental, social and governance (ESG) factors that influence corporate financing.
Q8.Discuss the basic ideas of the Mar kowitz model of portfolio selection.
Q9.What is the main difference between fixed vs. flexible income securities ? Explain the basic principles of pricing of fixed -income securities. [ 3 ]
Q10.Discuss the important measures of central tendency and dispersion.
Section—C
Note : Answer both questions from this Section.
Q11.Explain the following :
(a) Fully convertible bonds
(b) Financial instrument
Q12.Distinguish between the following concepts :
(a) Equity and Hedge Funds
(b) Geometric Mean R eturn and Time - Weighted Rate of Return [ 4 ] BECE–144 2023 -144 [ 5 ] BECE–144 (CAPM) (futures) [ 6 ]