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Human capital formation Quiz 1 Flashcards | StudBud
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Human capital formation Quiz 1
Human capital formation Quiz 1
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1
Which of the following is the problem of human capital formation?
All of these
Insufficient resources
High growth of population
Brain drain
2
Which of the following cost is included in migration?
Higher cost of living in migrated places
All of these
Cost of transportation
Psychic cost
3
Which level of education takes a major share in total education expenditure in India?
Secondary
None of these
Tertiary
Elementary
4
Which one of the following organisations regulates the health sector in India?
UGC
RBI
ICMR
AICTE
5
Which of the following is not an example of physical capital?
Education and knowledge in people
Building
Machinery
Raw materials
6
___ capital like machinery are tangible asset in production process, ____capital represents the brain behind the design
Financial, human
Physical, Financial
Physical, human
Human, physical
7
Which of the following is the benefit of on the job training?
Keep the employees updated with the latest changes
Both A and B
Enhances the productivity of labour
Neither A Nor B
8
Which one of the following is a major source of human capital formation in a country?
Expenditure on education
Expenditure on defence
None of these
Expenditure on infrastructure
9
_______ five year plan recognised the importance of Human capital.
Seventh
Third
Sixth
Eight
10
What is the full form of ICMR?
International council of medical research
Indian council of medical resources
Indian council for medical research
International council of medical resources
11
Which of the following is not an importance of human capital formation?
Increases cost of production
Modernisation of attitudes
Effective use of physical capital
Increases life expectancy
12
In the year ______ the Indian government made education free and compulsory for all children between 6 to 14 years.
2007
2003
2001
2009
13
_________ refers to the stock of skill ability expertise, education and knowledge embodied in the people.
Human capital
Physical capital
None of these
Human resource
14
How much educational cess has been imposed by the government on all union taxes?
1 percent
2 percent
None of these
4 percent
15
Expenditure on health can be done in the form of____________
Preventive medicine
Social medicine
Curative medicine
All of the above
16
The expenditure on education by the government is expressed as a percentage of _____________.
Disinvestment
Fiscal deficit
Goods and services tax
GDP
17
Benefits of physical capital accrue only to private entities, whereas human capital provides private and ___ benefits.
Monetary
Fiscal
Profitable
Social
18
For economic growth ____________ is needed.
Both a and b
Neither a nor b
Human capital
Physical capital
19
Which of the following is an indicator of educational achievement in a country?
Youth literacy rate
Adult literacy rate
All of these
Primary completion rate
20
The Government of India enacted the right to education as a fundamental right for all children in the age_______
6-12
5-13
6-14
5-14