Economics: CUET Mock Test - 10

Human capital include human beings. And healthy human can work properly. So Improved of health is only concept in all these that is realeted with human capital.

Human capital refers to the knowledge, skill sets, and experience that workers have in an economy. The skills provide economic value since a knowledgeable workforce can lead to increased productivity. Economic growth is an increase in an economy's ability, compared to past periods, to produce goods and services.
Human capital is positively correlated to economic growth since investment tends to boost productivity. The process of educating a workforce is a type of investment.

Human resources are used to describe the people who work. They are resource to an organization or a business or is providing some kind of work or service by working, which will provide that business output and make effective and efficient.
A person only becomes human resource when he/she is willing to work, Is able to work and Belongs to particular age group.

The Kendriya Vidyalayas were established in 1963 with the sole purpose of offering quality education to the children of transferable central government employees, including those in the defence and paramilitary services.

All India Council for Technical Education was established in 1945 by Government of India. The organization was set up to conduct survey on facilities on technical education and to promote and develop technical education in the country. AICTE covers program of technical education including training and research in Engineering, Technology, Architecture, Town Planning, Management, Pharmacy, Applied Arts and Crafts, Hotel Management and Catering Technology etc. at different levels. 

Qualitative improvement in labour is what investment here.

Expenditure on health is an important source of human capital formation. Health expenditure directly increases the supply of healthy labour force and is, thus, a source of human capital formation. Preventive medicine (vaccination), curative medicine (medical intervention during illness), social medicine (spread of health literacy) and provision of clean drinking water and good sanitation are the various forms of health expenditure

Human capital includes the inherent and acquired skill sets of the entire population of a country. However, education, health, on-job training enhance the quality of human capital.

The school system in India has four levels: lower primary (age 6 to 10), upper primary (11 and 12), high (13 to 15) and higher secondary (17 and 18).

Physical capital consists of tangible, man-made objects that a company buys or invests in and uses to produce goods.
Human Capital includes labor and other resources that humans can provide—education, experience or unique skills—that contribute to the production process.
Human capital and physical capital accumulation are similar: In both cases, investment pays off in longer-term productivity in the future.

According to Census 2011, Kerala has the highest total literacy rate and female literacy rate i.e.94%.

Human capital is unique and differs from any other capital. It is needed for companies to achieve goals, develop and remain innovative. Human capital is the stock of habits, knowledge, social and personality attributes (including creativity) embodied in the ability to perform labour so as to produce economic value.

People as Resource' is a way of referring to a country's working people in terms of their existing productive skills and abilities. Human resource is an asset for the economy rather than a liability. Population becomes human capital when there is investment made in the form of education, training and medical care.

Human resources are used to describe the people who work. They are resource to an organization or a business or is providing some kind of work or service by working, which will provide that business output and make effective and efficient.
A person only becomes human resource when he/she is willing to work, Is able to work and Belongs to particular age group.

Agricultural diversification is an important mechanism for economic growth. It depends, however, on there being opportunities for diversification and on farmers’ responsiveness to those opportunities. Agricultural diversification can be facilitated by technological breaks-through, by changes in consumer demand or in government policy or in trade arrangements, and by development of irrigation, roads, and other infrastructures. 

A significant increase in horticulture production is called Golden Revolution in India. In India, the period between 1991-2003 is termed as 'Golden Revolution'. This period witnessed a tremendous increase in the productivity in horticulture. As a result, during this period, there was a huge increase in the production of various fruits, vegetables, spices and other horticulture products.

Operation Flood is the program behind "the white revolution." It created a national milk grid linking producers throughout India with consumers in over 700 towns and cities, it transformed India from a milk-deficient nation into the world's largest milk producer.

Rural development is the process of improving the quality of life and economic well-being of people living in rural areas, often relatively isolated and sparsely populated areas. Rural development has traditionally centered on the exploitation of land-intensive natural resources such as agriculture and forestry.

Tamil Nadu Women in Agriculture (TANWA) is a project initiated in Tamil Nadu to train women in latest agricultural techniques. It induces women to actively participate in raising agricultural productivity and family income.

The definition of horticulture is the art or practice of gardening and cultivating plants and trees. When you grow lilac bushes and orchids, this is an example of horticulture.

Operation Flood was started by National Dairy Development Board (NDDB) in 1966s. The objective of this programme was to create a nationwide milk grid. The result was that India became the largest producer of Milk and Milk Products.

Operation flood is called White Revolution of India.

White Revolution followed the Green Revolution and both these revolutions contributed to a large extent to alleviate poverty from India. Gujarat-based co-operation “Anand Milk Union Limited” (Amul) was the engine behind the success of the programme.

Amul was founded by Tribhuvandas Patel and Verghese Kurien was the chairman of NDDB. Dr. Verghese Kurien, who was then 33, gave the professional management skills and necessary thrust to the cooperative, and is considered the architect of Operation Flood.

His work has been recognized by the award of a Padma Bhushan, the Ramon Magsaysay Award for Community Leadership, the Carnegie-Wateler World Peace Prize, and the World Food Prize