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Question


Match the situations given in Column I with their respective implications given in Column II:
Column I Column I
A Women education helps to i Factors contribute to human capital formation
B Expenditure on health and migration ii Adversely affected the quality of human capital
C Health expenditure iii Improve the social status of women
D High growth of population iv Increases the supply of healthy labour force

[0.80 marks]

A
A-iii, B-i, C-iv, D-ii
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B
A-i, B-ii, C-iv, D-iii
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C
A-iv, B-ii, C-i, D-ii
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D
A-iv, B-ii, C-i, D-iii
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Solution

The correct option is A A-iii, B-i, C-iv, D-ii
(i) Women education helps to improve economic independence and the social status of women.
(ii) Migration expenditure is a source of human capital formation because increased earnings in the migrated location exceed the increase in costs due to migration.
(iii) Health expenditure is a source of human capital formation as it directly increases the supply of a healthy labour force.
(iv) The continuous rise in population has adversely affected the quality of human capital. It reduces per head availability of the facilities.

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