Resources

Q.

Explain the meaning of human capital formation with the help of an example.

Q.

'India has abundant natural resources'. Substantiate the statement.

Q.

State the various objective of industrial licensing.

Q.

'Human resource is the main economic factor'. Discuss.

Q.

Environmental education is important only at

1. Primary school stage

2. Secondary school stage

3. Collage stage

4. All the stages

Q.

Land and building are examples of which of the following?

1. human capital

2. none of these

3. man-made capital

4. natural capital

Q.

What are the two types of human capital?

Q. Why is human capital the most important factor of production? Give three reasons.

Q. Distinguish between physical capital and human capital.

Q.

Why is Integration Important?

Q. The capacity to work together harmoniously to augment capital is called capital.

1. intellectual
2. social
3. human
4. instructional

Q.

How are the benefits of human capital different from that of physical capital?

Q. Instructional capital refers to the ability to .

1. work with others
2. retain knowledge
3. transfer knowledge
4. produce output

Q. Primary sector includes

1. Agriculture and forestry.
2. Transportation and communication.
3. Health and infrastructure
4. Manufacturing industries

Q. The capital which involves the conservation of ecologies to promote sustainable development is called capital.

1. environmental
2. natural
3. social
4. human

Q. What are 'raw materials and money in hand' called?

1. Fixed capital
2. Working capital
3. Physical capital
4. Human capital

Q.

The resources which are found everywhere are known as _________.

1. Ubiquitous resources
2. Renewable resources
3. Non-renewable resources
4. None of the above

Q. Give examples to prove that investment in human capital yields a rich return

Q. Mention two important characteristics of capital as a factor of production.

Q. Mr Surya has started a new business venture and plans to spend a significant amount of money on ‘on-the-job training' before putting his employees to work. It represents a positive step forward in the formation of human capital. Which of the following does not directly contribute to Mr Surya's process of human capital formation?

[0.80 marks]

1. Add skill and ability
2. To make them experts
3. Ensures gender equity
4. Educate them

Q. i. What is capital formation?
ii. What are three stages of capital formation?
iii. Explain three reasons for the low rate of capital formation in India.

Q.

Which of the following refers to the ability to work together and comprises goodwill in private enterprises?

1. Intellectual Capital

2. Social Capital

3. Instructional Capital

4. Natural Capital

Q. What is the difference between Land and Capital?

Q. The most important function of capital is to promote the ___________.

1. economic growth of the country
2. advertisement of the product
3. payment of wages to the workers
4. none of the above

Q. State whether the following statements are True of False :
Capital is a natural factor of production.

1. True
2. False

Q. What are the features of human capital?

1. Human capital formation is partly a social process and partly a conscious decision of the possessor of the human capital
2. Human capital is intangible
3. Human capital is not sold in the market
4. All of the above

Q. Fill in the blanks with appropriate alternatives given in the bracket.
Capital is a _______ factor of production.
[real, artificial, natural, free]

Q.

Which of the following is not a classification of resources based on the ownership?

1. Renewable resources
2. National resources.
3. Community owned
4. Individual resources

Q. Define capital formation.

Q. Define the term 'Floating Capital'. Give an example.