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Test: Human Capital Formation In India - 2 - UPSC MCQ


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10 Questions MCQ Test Indian Economy for UPSC CSE - Test: Human Capital Formation In India - 2

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

AICTE stands for

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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. 

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

Human capital can be increased by incurring expenditure on

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

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.

Test: Human Capital Formation In India - 2 - Question 3

Human capital is investment that brings

Detailed Solution for Test: Human Capital Formation In India - 2 - Question 3

Qualitative improvement in labour is what investment here.

Test: Human Capital Formation In India - 2 - Question 4

Role of human capital formation in economic growth

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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.

Test: Human Capital Formation In India - 2 - Question 5

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

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Answer:
The twin pillars on which rests the edifice of social sector reforms are Education and Health. This means that these two sectors play a crucial role in bringing about positive changes and improvements in society. Here is a detailed explanation of why these sectors are considered as the twin pillars:
Education:
- Education is the foundation of development and progress in any society. It equips individuals with knowledge, skills, and the ability to think critically.
- It empowers people to make informed decisions, contribute to the economy, and participate actively in the democratic process.
- Education helps in reducing poverty, promoting gender equality, and improving overall well-being.
- It plays a vital role in breaking the cycle of poverty by providing opportunities for upward social mobility.
Health:
- Good health is essential for human development and overall well-being.
- Access to quality healthcare services ensures the physical, mental, and social well-being of individuals.
- Health sector reforms focus on providing universal healthcare access, improving healthcare infrastructure, and promoting preventive healthcare measures.
- A healthy population is more productive and can actively contribute to the socio-economic development of a nation.
Together, education and health form the twin pillars of social sector reforms as they are interconnected and mutually reinforcing. Investing in these sectors leads to positive outcomes such as reduced poverty, increased employment opportunities, improved quality of life, and overall socio-economic development.
Test: Human Capital Formation In India - 2 - Question 6

Physical capital refers to

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Explanation:
Physical capital refers to the stock of produced means of production. It includes tangible assets that are used in the production process to create goods and services. Here is a detailed explanation of physical capital:
Definition:
Physical capital is the stock of produced means of production, such as machinery, equipment, buildings, and infrastructure. It is one of the factors of production, along with labor and natural resources, that contributes to the production of goods and services.
Key Points:
- Physical capital includes tangible assets that are used in the production process.
- It is used to produce goods and services efficiently and effectively.
- Examples of physical capital include machinery, tools, vehicles, factories, and infrastructure.
- Physical capital can be owned by individuals, businesses, or the government.
- It is an important determinant of economic growth and development.
- The accumulation of physical capital through investment is crucial for increasing productivity and improving living standards.
Conclusion:
Physical capital refers to the stock of produced means of production, including machinery, equipment, buildings, and infrastructure. It plays a vital role in the production process and is essential for economic growth and development.
Test: Human Capital Formation In India - 2 - Question 7

Literate refers to

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Literate refers to the ability to read and write. Here is a detailed explanation:
Definition of Literate
- Literate refers to the ability to read and write.
- It is the basic skill of being able to understand written language and communicate effectively through writing.
Literacy Levels
- Literacy levels can vary among individuals, ranging from basic reading and writing skills to advanced levels of comprehension and fluency.
- Being literate allows individuals to access information, engage in critical thinking, and participate fully in society.
Importance of Literacy
- Literacy is crucial for personal development, education, and career advancement.
- It empowers individuals to make informed decisions, solve problems, and communicate effectively.
- Literacy also plays a key role in promoting economic growth and reducing poverty.
Literacy Rates
- Literacy rates vary globally and can be influenced by factors such as access to education, socio-economic conditions, and cultural norms.
- Efforts are made by governments, organizations, and individuals to improve literacy rates through initiatives such as educational programs, literacy campaigns, and the promotion of lifelong learning.
Conclusion
- Literacy is the foundation of education and plays a vital role in personal and societal development.
- Being literate allows individuals to navigate the world, acquire knowledge, and engage in meaningful communication.
Test: Human Capital Formation In India - 2 - Question 8

The movement started by national literacy mission is

Detailed Solution for Test: Human Capital Formation In India - 2 - Question 8
The movement started by the national literacy mission is:
- Education for All
Explanation:
The national literacy mission in India was launched in 1988 with the aim of eradicating illiteracy and providing education to all citizens. The movement focuses on making education accessible to every individual, regardless of their age, gender, or social background. Here are some key points about the movement:
- Objective: The main objective of the national literacy mission is to achieve 100% literacy in the country.
- Targeted Groups: The movement primarily focuses on illiterate adults, particularly women and marginalized sections of society.
- Adult Education: The mission emphasizes adult education as a means to empower individuals and uplift their socio-economic status.
- Vocational Training: Along with basic literacy, the movement also promotes vocational training to provide individuals with necessary skills for employment and self-sustainability.
- Community Participation: The success of the national literacy mission relies on active participation from the community, including NGOs, local government bodies, and volunteers.
- Government Support: The government provides financial assistance, training, and resources to implement the program effectively at the grassroots level.
- Program Implementation: The movement utilizes various strategies such as the establishment of literacy centers, mobile libraries, and innovative teaching methods to reach out to different communities.
- Monitoring and Evaluation: Regular monitoring and evaluation of the program are conducted to assess its impact and make necessary improvements.
Overall, the national literacy mission's goal of achieving education for all aligns with the broader objective of promoting social development and inclusive growth in the country.
Test: Human Capital Formation In India - 2 - Question 9

It controls and guides higher education

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Control and Guidance of Higher Education
There are several organizations in India that play a role in controlling and guiding higher education. One of them is the University Grants Commission (UGC). Here is a detailed explanation of how UGC controls and guides higher education:
1. Establishment and Recognition:
- UGC was established in 1956 as a statutory body of the Indian government.
- It is responsible for the coordination, determination, and maintenance of standards of higher education in India.
- UGC recognizes universities and colleges and provides them with financial assistance.
2. Curriculum Development:
- UGC plays a crucial role in curriculum development for various courses offered by universities.
- It ensures that the curriculum is up-to-date, relevant, and meets the needs of the industry and society.
- UGC also promotes interdisciplinary studies and encourages universities to offer new and innovative courses.
3. Quality Assurance:
- UGC is responsible for maintaining and enhancing the quality of higher education in India.
- It conducts regular inspections and assessments of universities and colleges to ensure adherence to quality standards.
- UGC also encourages institutions to adopt best practices and quality improvement measures.
4. Grants and Funding:
- UGC provides financial assistance to universities and colleges for various academic and research activities.
- It offers grants for infrastructure development, research projects, faculty development, and scholarships for students.
- UGC also supports institutions in organizing conferences, seminars, workshops, and other academic events.
5. Regulations and Policies:
- UGC formulates regulations and policies for the governance of universities and colleges.
- It sets guidelines for admissions, examinations, academic calendars, and other administrative processes.
- UGC also addresses issues related to reservation policies, minority institutions, and other matters concerning higher education.
In conclusion, the University Grants Commission (UGC) in India plays a significant role in controlling and guiding higher education. It ensures the establishment and recognition of universities and colleges, develops curriculum, maintains quality standards, provides grants and funding, and formulates regulations and policies.
Test: Human Capital Formation In India - 2 - Question 10

ICMR regulate the

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ICMR's Role and Regulation in the Health Sector:
ICMR (Indian Council of Medical Research) is a premier medical research organization in India. It plays a crucial role in regulating and promoting research in the health sector. Here is a detailed explanation of ICMR's role in the health sector:
1. Policy Formulation:
- ICMR formulates national policies related to health research and development.
- It collaborates with various stakeholders to develop guidelines and protocols for research studies and clinical trials.
2. Research Funding:
- ICMR provides financial support through grants and funding for research projects in the health sector.
- It promotes and encourages research in various disciplines, including biomedical sciences, epidemiology, clinical research, and public health.
3. Ethical Guidelines:
- ICMR sets ethical guidelines and regulations for conducting research involving human participants.
- It ensures that research studies are conducted in an ethical manner, following the principles of informed consent, privacy, and confidentiality.
4. Medical Education and Training:
- ICMR plays a significant role in promoting medical education and training in India.
- It collaborates with medical colleges, universities, and research institutions to develop and implement training programs for healthcare professionals.
5. Disease Surveillance and Control:
- ICMR conducts surveillance and monitoring of various diseases to gather data and insights for disease control and prevention.
- It works closely with the Ministry of Health and Family Welfare to develop strategies and interventions for disease control and management.
6. Quality Assurance:
- ICMR ensures the quality and reliability of diagnostic tests, laboratory procedures, and healthcare technologies.
- It establishes quality control measures and accreditation systems for laboratories and healthcare facilities.
7. Collaboration and Networking:
- ICMR collaborates with international organizations, research institutions, and industries to foster research collaboration and exchange of knowledge.
- It facilitates networking among researchers, scientists, and healthcare professionals to promote interdisciplinary research and innovation.
In conclusion, ICMR plays a vital role in regulating and promoting research in the health sector. Its activities encompass policy formulation, research funding, ethical guidelines, medical education and training, disease surveillance, quality assurance, and collaboration. Through its initiatives, ICMR contributes significantly to the improvement of healthcare in India.
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