Teaching  >  Indian Economy for UPSC CSE  >  Test: Human Capital Formation In India - 1 Download as PDF

Test: Human Capital Formation In India - 1


Test Description

10 Questions MCQ Test Indian Economy for UPSC CSE | Test: Human Capital Formation In India - 1

Test: Human Capital Formation In India - 1 for Teaching 2022 is part of Indian Economy for UPSC CSE preparation. The Test: Human Capital Formation In India - 1 questions and answers have been prepared according to the Teaching exam syllabus.The Test: Human Capital Formation In India - 1 MCQs are made for Teaching 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Human Capital Formation In India - 1 below.
Solutions of Test: Human Capital Formation In India - 1 questions in English are available as part of our Indian Economy for UPSC CSE for Teaching & Test: Human Capital Formation In India - 1 solutions in Hindi for Indian Economy for UPSC CSE course. Download more important topics, notes, lectures and mock test series for Teaching Exam by signing up for free. Attempt Test: Human Capital Formation In India - 1 | 10 questions in 10 minutes | Mock test for Teaching preparation | Free important questions MCQ to study Indian Economy for UPSC CSE for Teaching Exam | Download free PDF with solutions
1 Crore+ students have signed up on EduRev. Have you?
Test: Human Capital Formation In India - 1 - Question 1

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

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 1

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.

Test: Human Capital Formation In India - 1 - Question 2

Source of human capital formation is

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 2

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

Test: Human Capital Formation In India - 1 - Question 3

People as a resource means

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 3

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.

Test: Human Capital Formation In India - 1 - Question 4

Human capital consists of

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 4

Correct Answer :- D

Explanation : 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.

Test: Human Capital Formation In India - 1 - Question 5

A person becomes a human resource when he/she

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 5

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.

Test: Human Capital Formation In India - 1 - Question 6

In how many stages of education are there in India

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 6

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).

Test: Human Capital Formation In India - 1 - Question 7

People of which age group are treated as potential labour force

Test: Human Capital Formation In India - 1 - Question 8

Human capital is similar to physical capital because

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 8

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.

Test: Human Capital Formation In India - 1 - Question 9

Problems faced by the human capital formation is

Test: Human Capital Formation In India - 1 - Question 10

Which of the following state have high literacy rate 

Detailed Solution for Test: Human Capital Formation In India - 1 - Question 10

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

131 videos|314 docs|135 tests
Use Code STAYHOME200 and get INR 200 additional OFF
Use Coupon Code
Information about Test: Human Capital Formation In India - 1 Page
In this test you can find the Exam questions for Test: Human Capital Formation In India - 1 solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Human Capital Formation In India - 1, EduRev gives you an ample number of Online tests for practice