Question

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]

• A. Add skill and ability
• B. To make them experts
• C. Ensures gender equity
• D. Educate them

Answer 1

The correct option is C Ensures gender equity

The development of abilities and skills among the country's population is referred to as human capital formation.