BECE-144 · June 2023 · English
IGNOU BECE-144 June 2023 Previous Year Question Paper
FINANCIAL ECONOMICS
Structured previous year question paper for BECE-144, June 2023 session.
Max marks: 100 · Questions: 12 · Sections: 3
Verified: 5 Aug 2026
BACHELOR OF ARTS (HONOURS)
ECONOMICS (BAECH)
Term-End Examination
June, 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 is a financial system ? What are the main components of a financial system ?
Q2.Explain Markowitz’s theory of portfolio selection. Discuss how Capital Asset Pricing Theory builds upon Markowitz’s model. [ 2 ]
Q3.Discuss how an economic agent makes intertemporal decisions in a n environment of uncertainty.
Q4.What are the features of an effective corpora te policy ? What are its determinants ?
Section—B
Note : Answer any four questions from this Section.
12×4=48
Q5.Explain why regulation of financial institutions is required. What are the types of regulations in this context ?
Q6.Explain how financial decisions are made by using the time value of money.
Q7.Define a random asset. What are its basic features ? What are the main type s of random assets ?
Q8.What are credit derivatives ? Discuss the benefits of credit derivatives.
Q9.What is a venture capital fund ? Discuss the main methods of venture capital financing. [ 3 ]
Q10.Explain the concept of a bond. Describe the features of different types of bonds.
Section—C
Note : Answer both questions from this Section.
Q11.Explain the following concepts :
(a) Swaps
(b) Coefficient of variation
Q12.Distinguish between the following :
(a) Forwards and futures
(b) Allais paradox and Ellsberg paradox 2023 -144 4×12=48 (forwards) (futures)