Worksheet: Human Capital Formation in India- 2 | Economics Class 12 - Commerce PDF Download

Section 1: Fill in the Blanks 

Q1: Human capital includes ______, ______, and knowledge.

Q2: The process of increasing the stock of human capital over time is known as ______.

Q3: ______ and ______ are fundamental human rights essential for human development.

Q4: Migration involves movement of people across ______ and ______ borders.

Q5: AICTE stands for ______.

Q6: Physical capital includes ______, ______, and equipment.

Q7: Education plays a vital role in producing ______ citizens.

Q8: ______ is provided to newly recruited employees to help them become familiar with the organization.

Q9: ______ is a major problem affecting human capital formation.

Q10: ______ is an objective of the University Grants Commission (UG(c) of India.

Section 2: Assertion and Reason

Q1: Assertion: Education is important for economic growth.
Reason: It facilitates efficient utilization of resources within a country.
(a) Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
(b) Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
(c) Assertion is true, but the Reason is false.
(d) Both Assertion and Reason are false.

Q2: Assertion: Migration affects the growth of the population of a region.
Reason: It involves the movement of people from one area to another.
(a) Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
(b) Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
(c) Assertion is true, but the Reason is false.
(d) Both Assertion and Reason are false.

Q3: Assertion: Lack of on-the-job training is a problem in agriculture.
Reason: It hinders human capital formation.
(a) Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
(b) Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
(c) Assertion is true, but the Reason is false.
(d) Both Assertion and Reason are false.

Q4: Assertion: Human capital formation raises life expectancy rates.
Reason: It improves the overall quality of life.
(a) Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
(b) Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
(c) Assertion is true, but the Reason is false.
(d) Both Assertion and Reason are false.

Q5: Assertion: The UGC in India provides recognition to universities.
Reason: It's responsible for coordinating and maintaining standards of higher education.
(a) Both Assertion and Reason are true, and Reason is the correct explanation of Assertion.
(b) Both Assertion and Reason are true, but Reason is not the correct explanation of Assertion.
(c) Assertion is true, but the Reason is false.
(d) Both Assertion and Reason are false.

Section 3: Very Short Answers

Q1: What is the primary aim of UGC in India?

Q2: Define physical capital.

Q3: Mention one problem related to the development of education in India.

Q4: What does AICTE stand for?

Q5: What is the objective of induction training?

Q6: Name one source of human capital formation related to health.

Q7: What is the importance of education mentioned in the text?

Q8: Define migration.

Q9: Name one problem facing human capital formation related to population.

Q10: What does off-the-job training require from employees?

Section 4: Short Answers

Q1: Explain the difference between human capital and physical capital.

Q2: Discuss the role of human capital formation in economic growth.

Q3: Explain the importance of education mentioned in the text.

Q4: Discuss the problems facing human capital formation related to education.

Q5: Explain the objectives of the University Grants Commission (UG(c) in India.

Q6: Describe the concept of human development.

Q7: Explain the importance of migration in the context of human capital formation.

Q8: Discuss the future prospects for education in India.

Section 5: Long Answers

Q1: Discuss the significance of human capital formation and human development.

Q2: Explain the challenges and solutions related to human capital formation in India.

Q3: Describe the objectives and functions of the University Grants Commission (UGC) in India.

Q4: Discuss the importance of education in fostering economic growth and societal development.