People as resource

When the existing 'human resource' is further developed by becoming more educated and healthy, we call it ___________

• a.Human Resource Development

• b.Human capital Formation

• c. Physical Capital

Investment in human capital (through education, training, medical care) is similar to investment in physical capital as_______

• a.Both results into higher income generation through increasing the productivity

• b.Both are undertaken by the employers/producers

• c.Both physical capital & human capital mean the same

Why human capital is superior to other resources like land and physical capital?

• a. Land and capital cannot become useful on its own

• b. Human resource can make use of land and capital

• c. Human beings are the most supreme creation of the God

• d. Both (a) & (b)

Countries like Japan are developed/rich because

• a. They have adequate or surplus natural resources

• b. The governments of such countries are rich

• c. They have invested on people, especially in the field of education and health.

Why is literacy rate is low in the females?

• lack of equal education opportunities

• lack of infrastructure

• lack of transport facilities

• lack of income

What is the aim of Sarva Siksha Abhiyan?

• To provide elementary education to women

• To provide elementary education to the rural poor

• To provide elementary education to all children in the age group 6-14 years

• To provide elementary education to the urban poor

Choose the non-market activities

(i) Vilas sells fish in the village market

(ii) Vilas cooks food for his family

(iii) Sakal works in a private firm

(iv) Sakal looks after his younger brother and sister

• (i) & (ii)

• (iii) & (iv)

• (i) & (iii)

• (ii) & (iv)

Trade, transport and communication is an example of

• PRIMARY SECTOR

• Secondary Sector

• Tertiary Sector

• Non Economic sector

Anybody who can read and write in any language is known as

• illiterate

• Literate

• Student

• Skilled

When there is investment made in the form of education, training and medical care, the population becomes

• Working Capital

• Human Capital

• Fixed Capital

• National Capital