Human Capital Formation in India test - 12

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Human Capital Formation in India test - 12
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  • Question 1
    1 / -0
    _______ education takes a major share of total education expenditure and the share of the ________ education is the least.
    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. 
    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 __________.
    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 ____________.
    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.
    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?
    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 ______.
  • Question 8
    1 / -0
    It is assumed in economic theory that:
    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 _______.
  • Question 10
    1 / -0
    As per Human Development Report 2011 Indias HDI index in 2011 was _______.

    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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