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Human Capital Formation

Education enh...

Question

Education enhances the quality of labour and productivity. This improves the overall standard of living in a country.

A

False

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B

True

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Solution

The correct option is B True

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Q. Choose the correct option.

Statement I: Education enhances the quality of labour and productivity.
Statement II: The health of individuals do not contribute to human capital formation.

Q. Statement: Quality has a price tag. India is allocating lots of funds to education.
Conclusion: I. Quality of education in India would improve soon.
II. Funding alone can enhance quality of education.

Statement: Should all the management institutes in the country be brought under government control?

Arguments:
I. No. The government does not have adequate resources to run such institutes effectively.
II. No. Each institute should be given freedom to function on its own.
III. Yes. This will enable to have standardized education for all the students.
IV. Yes. Only then the quality of education would be improved.

Q. Which of the following indexes is developed to measure life expectancy, level of literacy, education and standard of living of people in a country?

Q. The quality of the labour force depends on education and ____________.

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