Human Capital Formation in India test

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Human Capital Formation in India test - 12

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Weekly Quiz Competition

Question 1
1 / -0

_______ education takes a major share of total education expenditure and the share of the ________ education is the least.

A
Higher. Elementary

B
Tertiary, elementary

C
Elementary, higher

D
Higher. tertiary

Solution

Elementary education takes the highest major share of total expenditure and higher education is the least. Elementary education/primary education is the basic or the first level of education and hence, government emphasises on it more.
Question 2
1 / -0

The per capita education expenditure is highest in ______ state of India.

A
Lakshadweep

B
Kerala

C
Bihar

D
Tamil Nadu

Solution

Per capita education expenditure is the amount of expenditure done on education during the year, The highest per capita expenditure is for the state of Lakshadweep.
Question 3
1 / -0

86th Amendment of the Constitution of India, made free and compulsory education a fundamental right of all children in the age group __________.

A
3-15 years

B
6-14 years

C
6-15 years

D
5-18 years

Solution

Sarva shiksha abhiyan is an Indian government initiative of making free and compulsory education to children between the age of 6-14 years of age as a fundamental right.
Question 4
1 / -0

Economic growth indicator excludes ____________.

A
outward shift in PPC

B
skewed income distribution

C
GDP growth

D
increase in industrial production index

Solution

Skewed income distribution does not directly contributes to the increase in the production of the output of a economy. Therefore, it is not considered as a indicator of economic growth.
Question 5
1 / -0

As per Human Development Report, $$2009$$, India ranks _________ in terms of HDI index.

A
$$130$$

B
$$134$$

C
$$120$$

D
$$127$$

Solution

As per Human Development Report, 2009, India ranks 134 in terms of HDI Index. HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.
Question 6
1 / -0

For measuring human well-being which of this index is used?

A
Retail price index.

B
Gini index.

C
HDI.

D
CPI.

Solution

For measuring human well-being, HDI( Human Development index ) is used.HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.
Question 7
1 / -0

The health, strength, education, training, and which people bring to their jobs is termed as ______.

A
human resource

B
human values

C
human capital

D
human investment
Question 8
1 / -0

It is assumed in economic theory that:

A
Decision making within the firm is usually undertaken by managers, but never by the owners.

B
The ultimate goal of the firm is to maximize profits, regardless of firm size or type of business organization.

C
As the firms size increases, so do its goals.

D
The basic decision making unit of any firm is it owners.

Solution

In economic theory it is assumed that the ultimate goal of the firm is to maximize profits, regardless of firm size or type of business organization, because every firm tries to maximize its profits.
Question 9
1 / -0

The quantity and quality of human effort toward producing goods and services is termed _______.

A
human resource

B
human values

C
human capital

D
human investment
Question 10
1 / -0

As per Human Development Report 2011 Indias HDI index in 2011 was _______.

A
0.621

B
0.609

C
0.581

D
0.6991

Solution

As per Human Development Report 2011 India's HDI index in 2011 was 0.581.India ranks 134 out of 187 countries in terms of HDI index per HDR Report 2011. HDI stands for Human Development Index. It can be defined as a statistic composite index of human development indicators, like, life expectancy, education, per capita income, etc. HDI helps to rank countries.

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Re-Attempt Weekly Quiz Competition

Human Capital Formation in India test - 12

Result

Human Capital Formation in India test - 12

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SHARING IS CARING

Question 1

Higher. Elementary

Tertiary, elementary

Elementary, higher

Higher. tertiary

Solution

Question 2

Lakshadweep

Kerala

Bihar

Tamil Nadu

Solution

Question 3

3-15 years

6-14 years

6-15 years

5-18 years

Solution

Question 4

outward shift in PPC

skewed income distribution

GDP growth

increase in industrial production index

Solution

Question 5

$$130$$

$$134$$

$$120$$

$$127$$

Solution

Question 6

Retail price index.

Gini index.

HDI.

CPI.

Solution

Question 7

human resource

human values

human capital

human investment

Question 8

Decision making within the firm is usually undertaken by managers, but never by the owners.

The ultimate goal of the firm is to maximize profits, regardless of firm size or type of business organization.

As the firms size increases, so do its goals.

The basic decision making unit of any firm is it owners.

Solution

Question 9

human resource

human values

human capital

human investment

Question 10

0.621

0.609

0.581

0.6991

Solution

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