BECE-144 · December 2025 · English
IGNOU BECE-144 December 2025 Previous Year Question Paper
FINANCIAL ECONOMICS
Structured previous year question paper for BECE-144, December 2025 session.
Max marks: 100 · Questions: 14 · Sections: 3
Verified: 5 Aug 2026
B. A. (HONOURS) ECONOMICS
(BAECH)
Term-End Examination
December, 2025
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 in about 500 words each.2x20=40
Q1.What is a financial market ? What are the different types of financial markets ? Explain their functions.
Q2.Explain the term ‘financial instrument’. Who are the participants in financial instruments ? What are the different types of risks attached to various financial instruments ?
Q3.Define ‘Random Assets’ and explain their features. What are the different types of Random Assets ?
Q4.Explain the different types of Corporate Policies in detail.
Section—B
Note: Answer any four questions from this
Section in about 250 words each.4x12=48
Q5.State the relationship between Beta
(8) and expected return with the help of CML.
Q6.Explain the distinguishing features of random assets from traditional investments.
Q7.How do you define yield to maturity (YTM) ?
Q8.How is it different from yield to call (YTC) and holding period return (HPR) ?
Q9.Explain the term ‘Sampling’.
Q10.What are the different types of sampling methods ?
Q11.Explain Markowitz’s theory of portfolio selection.
Q12.What are the underlying instruments that can be traded in the derivatives market ? Explain.
Section—C
Note : Answer both questions from this Section.
2x6=12
Q13.Explain the following concepts :
(a) Options
(b) Portfolio risk
Q14.Distinguish between the following :
(a) Statistic and Parameter
(b) Annuity and Perpetuity