The study of the behaviour of spin-1/2 magnetic monopole moving in the fiel
d of another monopole has been undertaken by solving Dirac equation for ene
rgy eigenvalues. The Hamiltonian of this system has been shown to involve s
pin contributions. By introducing suitable spinors, the Pauli equation of a
spin-1/2 monopole moving in the field of another monopole has been solved
and it has been demonstrated that ad hoc introduction of spin perceptibly m
odifies the energy eigenvalue and eigenfunctions of the system. It has also
been demonstrated that Bohr radius of the system is very small in comparis
on to the atomic Bohr radius and the energy of the system is enormously hig
h.