Human Capital Formation in India test

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Human Capital Formation in India test - 6

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Weekly Quiz Competition

Question 1
1 / -0

Which of the following is not the feature of India Vision 2020 Report

A
If we double the investments in education it will increase the country’s GDP per capita by four times

B
Importance of technical education

C
90% of literacy in India

D
100 % enrolment of all children of age group 6-14 years

Solution

The India Vision 2020 Report visualises a 100% literacy in India by the year 2020.

Question 2

1 / -0

Match the following. Options are

a. Longevity of life	I. Percentage of students enrolled at primary, secondary and tertiary level
b. Adult literacy rate	Percentage of people aged between 15 and above
c. Gross enrollment ratio	III. Life expectancy at birth

a(ii),b(iii),c(i)

a(i),b(ii),c(iii)

a(iii),b(ii),c(i)

a(iii),b(i),c(ii)

Solution

These indicators are collectively used in HDI.Adult literacy is literacy of adults which include of age 15 and above.Gross enrollment implies enrollment at each stage of education and life expectancy at birth means how many years can we expect a baby to live on an average.

Question 3
1 / -0

Human Development refers to

A
Development of the individuals by acquiring good education

B
None

C
Consists of skills as used in the process of production

D
Both

Solution

Good education is one of the major factors of human development.
Question 4
1 / -0

National programme of Mid-day meals in schools, was started in the year-

A
2000

B
1995

C
1998

D
2002

Solution

The Mid-Day Meal scheme is centrally sponsored in India, to improve the nutritional levels among school going children. It was launched in 1995.
Question 5
1 / -0

A large number of engineers and skilled workers can certainly handle the machine and other productive assets in a better way - which role of human capital does the statement highlight?

A
Higher rate of participation

B
Higher productivity of physical capital

C
Change in emotional environment

D
Innovative skills

Solution

Trained workers will be in a better position to handle physical capital. Therefore the productivity of physical capital is enhanced.
Question 6
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Migration of persons born,eduacated, trained in India to developed countries is a serious threat to the process of human capital known as

A
Rising population

B
Brain Drain

C
Insufficient on-the-job training

D
Insufficient manpower

Solution

Brain drain is a phenomenon which refers to the migration of educated and trained Indians, seeking job opportunites in other countries,
Question 7
1 / -0

Which of the following is false regarding Human Capital

A
It creates both private and social benefits

B
It increase the efficiency to produce tangible goods

C
It can be built through policy formulation

D
It is separable from its owner

Solution

Human capital represents people and their education and health. Therefore, it cannot mean a separation from its owner.
Question 8
1 / -0

The ____ Amendment of the Constitution of India made Free and compulsory education a fundamental right for all children in the age group of 6-14 years.

A
86th

B
42th

C
70th

D
75th

Solution

The 86th Amendment to The Constitution of India provides for free and compulsory education for children aged 6 to 14 years.
Question 9
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Elementary education takes a ___ share of the total expenditure and the share of the higher education is ___

A
Major, Lesser

B
Least, Major

C
Major, Major

D
Minor, Minor

Solution

A major portion of funds for education is for the elementary level. Secondary education investment is lesser when compared to primary education.
Question 10
1 / -0

Skill is included in

A
Physical

B
Human capital

C
Both

D
None

Solution

Capital in economics means an entity which leads to furthur production.When human abilities do the function of capital we call it human capital.Since, skills are used to ensure production apart from labour, they are included in human capital.

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Re-Attempt Weekly Quiz Competition

Human Capital Formation in India test - 6

Result

Human Capital Formation in India test - 6

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SHARING IS CARING

Question 1

If we double the investments in education it will increase the country’s GDP per capita by four times

Importance of technical education

90% of literacy in India

100 % enrolment of all children of age group 6-14 years

Solution

Question 2

a(ii),b(iii),c(i)

a(i),b(ii),c(iii)

a(iii),b(ii),c(i)

a(iii),b(i),c(ii)

Solution

Question 3

Development of the individuals by acquiring good education

None

Consists of skills as used in the process of production

Both

Solution

Question 4

2000

1995

1998

2002

Solution

Question 5

Higher rate of participation

Higher productivity of physical capital

Change in emotional environment

Innovative skills

Solution

Question 6

Rising population

Brain Drain

Insufficient on-the-job training

Insufficient manpower

Solution

Question 7

It creates both private and social benefits

It increase the efficiency to produce tangible goods

It can be built through policy formulation

It is separable from its owner

Solution

Question 8

86th

42th

70th

75th

Solution

Question 9

Major, Lesser

Least, Major

Major, Major

Minor, Minor

Solution

Question 10

Physical

Human capital

Both

None

Solution

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