Human Capital Flashcards
Who can work better?
A person with sound health
What percent GDP as estimated by the tapas Majumdar committee should spend for education
6%
Education for all,
Still a distant dream
Investment on education is considered as one of the main sources of_________________
Human capital
Government of India has also started levying a 2 percent of _________________ on all union taxes
Education cess
The revenues from education cess has been earmarked for spending on _______________
Elementary education
The contribution of the educated person to economic growth is more than that of an _____________ person
Illiterate
What are two major sources of human capital?
Ca) investment of educations
B) health expenditure
What are the indicators of educational achievement in a country?
Education achievement in a country can be known with the indicator like adult literary level, primary education completion rate and youth literacy rate
What factors contribute to human capital formation?
A) investment of education
B)investment - on health
C)investment on on-the-job-training
D)investment on migration
E) investment on information
What are various forms of health expenditures
Preventive medicines, curative medicines, social medicine (spread of health literacy) provision of clean drinking water and good sanitization one various forms of health expenditures.
State the need of human capital
We need to invest on human capital to produce more human capital with the human resource
Why individuals spend money on education?
Individuals generally invest on education with the objective of increasing their future income.
