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With reference to Human and Physical Capital, which of the statements given below is correct?

  • a)
    Human capital is tangible and Physical capital is intangible.

  • b)
    Human capital is sold in the market whereas Physical capital is not.

  • c)
    Physical capital is more mobile than Human capital.

  • d)
    Physical capital is less mobile than Human capital.

Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to Human and Physical Capital, which of the statements ...
Option (c) is the correct answer.
Physical capital implies the non-human assets of the company, such as plant and machinery, tools and equipment, office supplies etc. that help in the process of production.Human capital refers to the stock of knowledge, talent, skills and abilities brought in by the employee, to the organisation. Human capital is intangible and Physical capital is tangible.
Human capital is not sold in the market whereas Physical capital is. Physical capital is completely mobile across countries but Human capital is not. Both forms of capital depreciate over a period of time but the nature of depreciation differs between the two. Continuous use of machines leads to depreciation along with change in technology makes a machine obsolete. In the case of human capital, depreciation takes place with ageing but can be reduced, to a large extent, through continuous investment in education, health, etc.
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With reference to Human and Physical Capital, which of the statements given below is correct?a)Human capital is tangible and Physical capital is intangible.b)Human capital is sold in the market whereas Physical capital is not.c)Physical capital is more mobile than Human capital.d)Physical capital is less mobile than Human capital.Correct answer is option 'C'. Can you explain this answer?
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With reference to Human and Physical Capital, which of the statements given below is correct?a)Human capital is tangible and Physical capital is intangible.b)Human capital is sold in the market whereas Physical capital is not.c)Physical capital is more mobile than Human capital.d)Physical capital is less mobile than Human capital.Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to Human and Physical Capital, which of the statements given below is correct?a)Human capital is tangible and Physical capital is intangible.b)Human capital is sold in the market whereas Physical capital is not.c)Physical capital is more mobile than Human capital.d)Physical capital is less mobile than Human capital.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to Human and Physical Capital, which of the statements given below is correct?a)Human capital is tangible and Physical capital is intangible.b)Human capital is sold in the market whereas Physical capital is not.c)Physical capital is more mobile than Human capital.d)Physical capital is less mobile than Human capital.Correct answer is option 'C'. Can you explain this answer?.
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