Sources of Human Capital

Q.

Explain the role of education in human capital formation.

Q.

Examine the role of education in the economic development of a nation.

Q.

'Education contributes to Economic Growth.' Do you agree?

Q.

What are the two major sources of human capital in a country?

Q.

What do you mean by inclusion according to physical education

Q.

Write a brief note on National Literacy Mission.

Q.

Explain how investment in education stimulates economic growth.

Q.

Education is considered to be an important input for the development of a nation. How?

Q.

Govenment raises its expenditure on producing public goods. Which economic value does it reflect? Explain.

Q.

Explain how health and expenditure on information are a source of human capital formation.

Q.

Rising population positively affects the quality of human capital. State true or false.

1. True

2. False

Q.

It is the process of introducing the selected employee to other employees and familiarizing him with the rules and policies of the organisation.

1. Orientation

2. Training

3. Recruitment

4. Selection

Q. On-the-job training takes place to improve .

1. human capital
2. productivity
3. attrition rates
4. layoff rates

Q. Spending on education is a/an .

1. explicit cost
2. investment
3. implicit cost
4. consumption expense

Q.

What is the advantage of forming human capital formation?

Q. What is a primary factor of production?

1. Capital
2. Land
3. All of above
4. Labour

Q. The 'Mahalanobis Committee' was set up to study _____________.

1. direct taxes
2. land reforms
3. income distribution
4. community development programme

Q. A robot, for example, may ___________ for some kinds of assembly-line labour.

1. complement
2. substitute
3. specify
4. none of the above

Q. Mention two causes of low efficiency of labour in India.

Q. Explain the importance of labour in modern economic system.

Q. What do you mean by 'Human Capital Formation'?

Q. Education is most closely related to.

1. Power
2. wealth
3. income
4. knowledge

Q. High per capita real income results in ____________ of the people.

1. High standard of living
2. None of these
3. Low standard of living
4. Medium standard of living

Q. If labour is considered as an important factor of production then explain peculiar characteristics of labour.

Q. To make productive, well-informed decisions, is necessary.

1. information
2. skill
3. on-the-job training
4. migration

Q. How labour services provided by a surgeon is different from provided by a farmer?

Q. Who is a professional labour?

1. Person who performs mental task for which he/she has undergone extensive training and practice
2. Person with special training in his/her work and who supervises and directs other labourers
3. Person who has undergone specialised training or possesses specialised knowledge required for the task
4. None of these

Q. The phenomenon of emigration of Indians to foreign countries is often referred to as the .

1. Brain Drain
2. Drain of Wealth
3. Knowledge Drain
4. Information Slip

Q. The meaning of Greek word oikonomikus is

1. Wealth Management
2. House Management
3. Business Economics
4. Business Management

Q.

Do you think present education system in India satisfies our ethoes and requirements? If not briefly suggest essential changes in the system.