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Worksheet: Human Capital Formation in India- 1 | Economics Class 12 - Commerce PDF Download

Multiple Choice Questions


Q1: What is the primary purpose of Human Capital Formation in India?
(a)
Increase in population
(b) 
Enhancing skills and knowledge of people
(c) 
Building infrastructure
(d) 
Promoting industrial growth

Q2:  Which of the following is not a form of human capital?
(a) 
Education and training
(b) 
Healthcare facilities
(c) 
Physical fitness
(d) 
Job experience

Q3:  Which agency in India is responsible for formulating policies and programs for human resource development?
(a) 
NITI Aayog
(b) 
Ministry of Human Resource Development
(c) 
Planning Commission
(d) 
Reserve Bank of India

Q4: What is the main objective of National Policy on Education (NPE), 1986?
(a) 
Universalization of education
(b) 
Promotion of private schools
(c) 
Elimination of technical education
(d) 
Reduction in government spending on education

Q5: What does 'Gross Enrollment Ratio' (GER) in education signify?
(a) 
Total number of students enrolled in different grades
(b) 
Number of teachers in schools
(c) 
Total number of schools in a region
(d) 
Ratio of enrolled students to eligible population in a specific age group

True and False


Q1: Human Capital refers to the stock of skill and productive knowledge embodied in people.

Q2: The literacy rate in India has remained stagnant over the years without any improvement.

Q3: Vocational education is not a part of human capital formation.

Q4: Public expenditure on education is a crucial factor in promoting human capital formation.

Q5: Gender discrimination does not affect human capital formation in any way.

Match the Following


Q1: Match the following terms with their correct meanings:
Worksheet: Human Capital Formation in India- 1 | Economics Class 12 - Commerce

Q2: Match the following institutions with their roles:
Worksheet: Human Capital Formation in India- 1 | Economics Class 12 - Commerce

Q3: Match the following policies with their objectives:
Worksheet: Human Capital Formation in India- 1 | Economics Class 12 - Commerce

Very Short Answers


Q1: Define Human Capital Formation.

Q2: Mention any two government agencies responsible for educational planning in India.

Q3: What is the role of private sector in human capital formation?

Q4: Briefly explain the concept of 'Brain Drain' and its impact on human capital.

Q5: Name any two programs initiated by the government to promote skill development in India.

Short Answers


Q1: Explain the importance of healthcare in human capital formation.

Q2: Discuss the challenges faced by the education sector in India for human capital formation.

Q3: How does investment in education contribute to economic growth?

Q4: Describe the role of technical and vocational education in enhancing human capital.

Q5: Explain the concept of 'National Skill Development Mission' and its objectives.

Long Answers


Q1: Discuss the impact of gender inequality on human capital formation in India.

Q2: Explain the role of government policies in promoting inclusive education for human capital formation.

Q3: Analyze the relationship between education and economic development in India.

Q4: Discuss the measures to address the issue of child labor and its impact on human capital formation.

Q5: Evaluate the challenges and prospects of online education in enhancing human capital in India.

The document Worksheet: Human Capital Formation in India- 1 | Economics Class 12 - Commerce is a part of the Commerce Course Economics Class 12.
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FAQs on Worksheet: Human Capital Formation in India- 1 - Economics Class 12 - Commerce

1. What is human capital formation?
Ans. Human capital formation refers to the process of increasing the knowledge, skills, and abilities of the workforce in a country through education, training, and other activities.
2. How does human capital formation contribute to economic development in India?
Ans. Human capital formation plays a crucial role in economic development in India by increasing productivity, improving innovation and technological advancements, and enhancing the overall quality of the workforce.
3. What are the major challenges faced in human capital formation in India?
Ans. Some of the major challenges in human capital formation in India include inadequate access to quality education, skill gaps in the workforce, lack of proper infrastructure for training and development, and brain drain due to migration of skilled workers.
4. How can the government promote human capital formation in India?
Ans. The government can promote human capital formation in India by investing in education and skill development programs, providing incentives for businesses to train their employees, and implementing policies to retain skilled workers within the country.
5. What are the potential benefits of investing in human capital formation for India's future growth?
Ans. Investing in human capital formation can lead to a more competitive and skilled workforce, increased innovation and productivity, reduced poverty and inequality, and overall economic growth and development in the long term.
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