HUMAN CAPITAL

___________ refers to all those inputs which are required for further production.

• physical capital

• human capital

which of the following is an example of physical capital?

• machinery

• health of people

• education and knowledge

____________ refers to the stock of skill, ability, expertise ,education and knowledge embodied in the people.

• human capital

• physical capital

• human resource

which one of the following is a major source of human capital formation?

• expenditure of education

• expenditure on infrastructure.

• expenditure on on-the-job training.

____________ implies the development of abilities and skills among the population of the country.

• human resource

• physical capital

• human capital formation

___________ five year plan recognised the importance of human capital .

• third

• sixth

• seventh

• eighth

use of physical capital does not depend on human capital.

• true

• false

_________________ capital cannot be separated from the owner, whereas, ___________ capital can be separated form owner.

• human, physical

• physical, human