Human Capital Formation in India test - 2

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Human Capital Formation in India test - 2
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  • Question 1
    1 / -0

    AICTE stands for

    Solution
    AICTE is a statutory body and a national level council for Technical Education under the Ministry of Human Resource Development, India. It is responsible for proper planning and coordinated development of technical and management systems of education in India.
  • Question 2
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    Human capital can be increased by incurring expenditure on

    Solution
    Health is a primary source for development of human capital. Only healthy persons will be willing to work and contribute to the society.
  • Question 3
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    Human capital is investment that brings

    Solution
    Quality of the labour force is more important than the quantity. Educated and healthy labour force can contribute better to the development of the nation.
  • Question 4
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    Role of human capital formation in economic growth

    Solution
    Human capital is productive only when it is educated, healthy and willing to learn new skill sets. All of these lead to economic growth and are therefore important.
  • Question 5
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    By 2005 , 1% of the world population in the age group 15-49 was affected by

    Solution
    HIV is a virus that attacks the human immune system and makes it susceptible to infections and diseases. Preventive measures can be taken to reduce the spread of AIDS.
  • Question 6
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    Stocks/shares of the companies are

    Solution
    The capital of a company is divided into shares /stock. Investors become the shareholders and owners of the company.
  • Question 7
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    ____ and ____ are the twin pillars on which rests the edifice of social sector reforms

    Solution
    Education and health are two major aspects of social sector reforms. An educated and healthy person can contribute positively to the growth of the society and vice-versa where, individual interest lies in collective interest.
  • Question 8
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    Following are the educationally backward states except

    Solution
    Mizoram has a literacy rate of 91.58% according to the 2011 census. It is the second highest state in India in terms of literacy.
  • Question 9
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    Physical capital refers to

    Solution
    Physical capital refers to man-made goods that help in the production process. It is one of the four main factors of production. Examples of physical capital are plant and machinery, buidings, computers, etc
  • Question 10
    1 / -0

    Literacy refers to

    Solution
    A literate is a person who has the ability to read and write.
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