12th Standard CBSE - Economics - Human Capital Formation in India

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Question - 1

.......... is the process of adding to the stock of human capital over time.

  • A Physical capital
  • B Human capital
  • C Human capital formation
  • D None of the above

Question - 2

Which of the following is/are examples of physical capital?

  • A Machine
  • B Skill
  • C Building
  • D Both (a) and (c)

Question - 3

The stock o[ skill and expertise of nation at a point of time is called

  • A Human capital
  • B Human development
  • C Human capital formation
  • D Physical capital

Question - 4

....... is/are an important factor of human capital formation as it results in enhanced labour productivity.

  • A Education
  • B On-the-job training
  • C Migration
  • D All of these

Question - 5

Health expenditure directly increases the supply of healthy

  • A food
  • B labourers
  • C human
  • D None of these

Question - 6

Which Five Year Plan recognised the importance of human capital?

  • A Tenth
  • B Seventh
  • C Sixth
  • D Nineth

Question - 7

The main problems of human capital formation in India is/are

  • A rising population
  • B brain drain
  • C high poverty levels
  • D AII of the above

Question - 8

Which of the following statements is true?

  • A Major share of education expenditure goes to higher education
  • B No education cess is imposed by the government on all union taxes
  • C Human development is based on the idea that education and health are integral to human  well-being
  • D Education and literacy can be used as synonyms of each other

Question - 9

How investment in education stimulate economic growth? Select from the following.

  • A It helps to develop responsible citizens
  • B It helps in development of science and technology
  • C It helps in the optimum utilisation of natural, physical and financial resources
  • D All of the above

Question - 10

Literacy rate is measure of education, a person is called literate if he/she can .......... any language.

  • A read
  • B write
  • C understand
  • D All of these
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