Human Capital Formation in India

What is one of the main sources of human capital formation?

• Agriculture

• Transportation

• Manufacturing

• Health

Which of the following is NOT a benefit of education mentioned in the text?

• Better choices in life

• Increased physical strength

• Better social standing

• Higher earning capacity

What does human capital refer to?

• Financial investments

• Natural resources

• Human resources converted into skills

• Physical resources

According to the text, what is the relationship between human capital and economic growth?

• Negative relationship

• Inverse relationship

• No relationship

• Positive relationship

Which of the following is a factor contributing to human capital formation?

• On-the-job training

• Decreased population

• Reduced education spending

• Increased taxation

What is the role of government in human capital formation?

• To privatize education

• To eliminate health care

• To ensure quality education and health services

• To reduce education spending

What is the primary focus of human development?

• Increasing productivity

• Enhancing individual well-being

• Maximizing profits

• Reducing government spending

Which of the following is an indicator of educational achievement?

• Adult literacy rate

• Unemployment rate

• Population growth

• Inflation rate

What is the significance of health in human capital formation?

• It has no significance

• It reduces productivity

• It increases the supply of healthy labor

• It decreases educational attainment

Which of the following statements is true about human capital?

• It does not affect economic growth

• It is tangible and can be sold

• It is only about education

• It is intangible and inseparable from its owner