Human Capital Formation

The stock of skill and expertise of nation at a point of time is called

• Human capital

• Human development

• Human capital formation

Physical capital refers to

• All of these

• Process of acquiring and increasing the number of persons who have skill

• Stock/shares of the companies

• Stock of produced means of production

Human development refers to

• Development of the individuals by acquiring good education

• Consists of skills as used in the process of production

• None

• Both

Which is the reason for poor human capital formation in India? 

• Brain Drain
• Rising Population
• Insufficient job training
• All of Above

The government of India is leving a ........... percent education cess on all the union taxes for spending on elementary education.

• 2 Percent

• 5 percent

• 10 percent

• 12 percent

UGC stands for

• Universal Grants Commission

• Union Grants Commission

• UK Grants Commission

• University Grants Commission