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Economics: CUET Mock Test - 10


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40 Questions MCQ Test CUET Mock Test Series | Economics: CUET Mock Test - 10

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Economics: CUET Mock Test - 10 - Question 1

Human capital can be increased by incurring expenditure on

Detailed Solution for Economics: CUET Mock Test - 10 - Question 1

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.

Economics: CUET Mock Test - 10 - Question 2

Role of human capital formation in economic growth

Detailed Solution for Economics: CUET Mock Test - 10 - Question 2

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.

Economics: CUET Mock Test - 10 - Question 3

Stocks/shares of the companies are

Economics: CUET Mock Test - 10 - Question 4

Following are the educationally backward states except

Economics: CUET Mock Test - 10 - Question 5

Literate refers to

Economics: CUET Mock Test - 10 - Question 6

People of which age group are treated as productive labour force

Economics: CUET Mock Test - 10 - Question 7

A person becomes a human resource when he/she

Detailed Solution for Economics: CUET Mock Test - 10 - Question 7

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.

Economics: CUET Mock Test - 10 - Question 8

The movement started by national literacy mission is

Economics: CUET Mock Test - 10 - Question 9

It controls and guides higher education

Economics: CUET Mock Test - 10 - Question 10

o provide the educational facilities to the children of transferable central government employees _____ were established

Detailed Solution for Economics: CUET Mock Test - 10 - Question 10

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.

Economics: CUET Mock Test - 10 - Question 11

AICTE stands for

Detailed Solution for Economics: CUET Mock Test - 10 - Question 11

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. 

Economics: CUET Mock Test - 10 - Question 12

Human capital is investment that brings

Detailed Solution for Economics: CUET Mock Test - 10 - Question 12

Qualitative improvement in labour is what investment here.

Economics: CUET Mock Test - 10 - Question 13

By 2005 , 1% of the world population in the age group 15-49 has been affected by

Economics: CUET Mock Test - 10 - Question 14

____ and ____ are the twin pillars on which rests the edifice of social sector reforms

Economics: CUET Mock Test - 10 - Question 15

Physical capital refers to

Economics: CUET Mock Test - 10 - Question 16

NCERT was established in

Economics: CUET Mock Test - 10 - Question 17

According to India Vision report 2020, _____ percent literate India is paramount importance to realise the vision for the country in 2020

Economics: CUET Mock Test - 10 - Question 18

Following states have high literacy rate except

Economics: CUET Mock Test - 10 - Question 19

Planning commission prepared a report regarding education over the next two decades named:

Economics: CUET Mock Test - 10 - Question 20

ICMR regulate the

Economics: CUET Mock Test - 10 - Question 21

Source of human capital formation is

Detailed Solution for Economics: CUET Mock Test - 10 - Question 21

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

Economics: CUET Mock Test - 10 - Question 22

Human capital consists of

Detailed Solution for Economics: CUET Mock Test - 10 - Question 22

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.

Economics: CUET Mock Test - 10 - Question 23

In how many stages of education are there in India

Detailed Solution for Economics: CUET Mock Test - 10 - Question 23

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).

Economics: CUET Mock Test - 10 - Question 24

Human capital is similar to physical capital because

Detailed Solution for Economics: CUET Mock Test - 10 - Question 24

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.

Economics: CUET Mock Test - 10 - Question 25

Which of the following state have high literacy rate 

Detailed Solution for Economics: CUET Mock Test - 10 - Question 25

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

Economics: CUET Mock Test - 10 - Question 26

The stock of skill, ability, expertise, education and knowledge in a nation at a point of time known as

Detailed Solution for Economics: CUET Mock Test - 10 - Question 26

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.

Economics: CUET Mock Test - 10 - Question 27

People as a resource means

Detailed Solution for Economics: CUET Mock Test - 10 - Question 27

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.

Economics: CUET Mock Test - 10 - Question 28

A person becomes a human resource when he/she

Detailed Solution for Economics: CUET Mock Test - 10 - Question 28

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.

Economics: CUET Mock Test - 10 - Question 29

People of which age group are treated as potential labour force

Economics: CUET Mock Test - 10 - Question 30

Problems faced by the human capital formation is

Economics: CUET Mock Test - 10 - Question 31

Agricultural  diversification means

Detailed Solution for Economics: CUET Mock Test - 10 - Question 31

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. 

Economics: CUET Mock Test - 10 - Question 32

TANWA project initiated in

Economics: CUET Mock Test - 10 - Question 33

TANWA project relates to

Economics: CUET Mock Test - 10 - Question 34

The period between 1991-2003 is called

Detailed Solution for Economics: CUET Mock Test - 10 - Question 34

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.

Economics: CUET Mock Test - 10 - Question 35

During operation flood production of milk increase

Detailed Solution for Economics: CUET Mock Test - 10 - Question 35

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.

Economics: CUET Mock Test - 10 - Question 36

What  is  rural  development

Detailed Solution for Economics: CUET Mock Test - 10 - Question 36

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.

Economics: CUET Mock Test - 10 - Question 37

TANWA stands for

Detailed Solution for Economics: CUET Mock Test - 10 - Question 37

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.

Economics: CUET Mock Test - 10 - Question 38

Golden revolution is related to

Detailed Solution for Economics: CUET Mock Test - 10 - Question 38

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.

Economics: CUET Mock Test - 10 - Question 39

Operation flood is related to

Economics: CUET Mock Test - 10 - Question 40

Operation flood started in

Detailed Solution for Economics: CUET Mock Test - 10 - Question 40

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

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