Human Capital Formation

Question 1

Which one of the following is the reason for poor human capital formation in India?

a) Brain-train
b) High growth of population
c) Insufficient resources
d) All of the above

Answer 1

All of the above

Question 2

Literacy rate of India increased from 18% in 1951 to __% in 2011

Answer 2

73%

Question 3

Human Capital consists of _______

Answer 3

both workers and entrepreneurs

Question 4

Active factor in the production

Answer 4

Human Capital

Question 5

Human Development is _____, Human Capital is__________

Answer 5

ends, means

Question 6

Sources of Human capital formation are

a)internal b) external c)both

Answer 6

both

Question 7

Planning Commission prepared a report regarding education for 2 decades named:_

Answer 7

India Vision 2020

Question 8

____ is an important programme for the availability of education to all

Answer 8

Sarva Shiksha Abhiyan

Question 9

Expenditure on education is _______ expenditure

Answer 9

Productive

Question 10

Human capital is __ in nature

Answer 10

Active

Question 11

T/F. Literacy rates in India have increased so has the absolute number of illiterates.

Answer 11

True

Question 12

T/F. Components of human capital and human development are complementary to each other.

Answer 12

True

Question 13

What is education?

Answer 13

Process of teaching, training and learning to improve knowledge and develop skill

Question 14

Why do we need to invest in human capital?

Answer 14

For skill formation and improvement in human capabailities