Human Capital Formation In India CBSE Questions & Answers

Human Capital Formation In India

This is Economics Class 11 Human Capital Formation in India CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
The stock of skill, ability, expertise, education and knowledge in a nation at a point of time known as
  • A
    None
  • B
    Human Development
  • C
    Human Capital
    Correct
  • D
    Human Resource
2
Source of human capital formation is
  • A
    Expenditure on Industries
  • B
    Expenditure on Building
  • C
    Expenditure on Textiles
  • D
    Expenditure on Health
    Correct
3
People as a resource means
  • A
    None
  • B
    Country’s natural capital in terms of their existing productive skills
  • C
    Country’s fixed capital in terms of their existing productive skills
  • D
    Country’s working capital in terms of their existing productive skills
    Correct
4
Human capital consists of
  • A
    Workers
  • B
    Entire population
  • C
    Enterpreneurs
    Correct
  • D
    Both workers and entrepreneurs
5
5.A person becomes a human resource when he/she
  • A
    Is willing to work
  • B
    Belongs to particular age group
  • C
    All of the above
    Correct
  • D
    Is able to work
6
Land and building are
  • A
    Human capital
  • B
    Man-made capital
    Correct
  • C
    Natural capital
  • D
    None of these
7
People of which age group are treated as potential labour force
  • A
    15-35
  • B
    60-70
  • C
    0-6
  • D
    15-60
    Correct
8
Human capital is similar to physical capital because
  • A
    They are produced factor of production
  • B
    none
  • C
    Both
    Correct
  • D
    Raise nation’s ability to produce goods and services
9
Problems faced by the human capital formation is
  • A
    Devaluation of currency
  • B
    Rising prices
  • C
    Developed technology
  • D
    Rising population
    Correct
10
Which plan stressed upon the importance of human capital
  • A
    8th
  • B
    7th
    Correct
  • C
    6th
  • D
    5th
11
AICTE stands for
  • A
    All India Council for Technical Education
    Correct
  • B
    All India Commission for Technology Education
  • C
    All India Commission for Technical Education
  • D
    All India Council for Technology Education
12
Human capital can be increased by incurring expenditure on
  • A
    Improvement in technology
  • B
    Increase in GDP
  • C
    Improvement of health
    Correct
  • D
    All of these
13
Human capital is investment that brings
  • A
    Quantitative improvement in labour
  • B
    None
  • C
    Both
  • D
    Qualitative improvement in labour
    Correct
14
Role of human capital formation in economic growth
  • A
    Raises life expectancy
  • B
    Improves quality of life
  • C
    All of these
    Correct
  • D
    Innovative skills
15
By 2005 , 1% of the world population in the age group 15-49 has been affected by
  • A
    Diarrhoea
  • B
    HIV/AID
    Correct
  • C
    Cough
  • D
    Cholera