Human Capital Formation In India is one of the most important chapters to be taken into consideration while revising for the class 11 economics. This is a vast concept and comprises of various topics – introduction, what is human capital?, sources of human capital, physical and human capital, India as a knowledge economy, human capital and human development, human capital formation in India : great prospects, education sector in India, future prospects and conclusion.
Students can also refer to :
|NCERT Solution for Class 11 Economics Chapter 1 – Indian economy on the Eve of Independence||NCERT Solution for Class 11 Economics Chapter 4 – Poverty|
Frequently asked Questions on CBSE Class 11 Economics Notes Chapter 5: Human Capital Formation in India
What is ‘Human capital’?
Human capital is the stock of skilled and productive work force of a nation.
What are the sources of ‘Human capital’?
1. Educational investment 2. Proper healthcare facilities 3. Migration 4. Training (on-job) 5. Awareness and indiscrimination
What are the main components of the Education sector in India?
The school system in India has four levels: lower primary (age 6 to 10), upper primary (11 and 12), high (13 to 15) and higher secondary (17 and 18).