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Human Capital Formation

Total questions: 34

Worksheet time: 17mins

Name
Class
Date
1.
_________________five year plan recognised the importance of human capital
a)
Seventh
b)
Third
c)
Eight
d)
Sixth
2.
Which of the following is an example of physical capital
a)
machinery
b)
health of people
c)
building
d)
education and knowledge in people
3.
In India , which of the following organisations regulate the health sector?
a)
ICMR
b)
UGC
c)
AICTE
d)
None of these
4.
The expenditure by the government on education is expressed as
a)
Percentage of total government expenditure
b)
percentage of GDP
c)
percentage of national income
d)
neither (a) nor (b)
5.
which one of the following is an indicator of educational achievement in a country
a)
Youth Literacy rate
b)
Adult literacy rate
c)
Primary Completion Rate
d)
All of these
6.
In the year _____________________,Indian government made free and compulsory education for age group of 6-14 years
a)
2001
b)
2009
c)
2003
d)
2007
7.
Which one of the following is a reason for poor human capital formation in India
a)
Brain drain
b)
Low growth of population
c)
Insufficient resources
d)
All of these
8.
_________________refers to the stock of skill, ability ,expertise, education and knowledge embodied in the people
a)
Human Resource
b)
Physical capital
c)
Human capital
d)
none of these
9.
which of the following is a source of human capital formation
a)
Expenditure on infrastructure
b)
Expenditure on education
c)
Expenditure on on-the-job training
d)
all of these
10.
How much educational cess has been imposed by the government on all union taxes?
a)
1 percent
b)
2 percent
c)
4 percent
d)
none of these
11.
what is the full form of ICMR?
a)
International Council of medical research
b)
Indian council of medical resources
c)
International council of medical resources
d)
Indian council for medical research
12.
Which one of the following is a major source of human capital formation in a country?
a)
Expenditure on education
b)
Expenditure on Infrastructure
c)
Expenditure on Defence
d)
none of these
13.
In the year_____________________the Indian government made education free and compulsory for all children between 6-14 years.
a)
2001
b)
2009
c)
2003
d)
2007
14.
which one of the following organisations regulates the health sector in India?
a)
ICMR
b)
UGC
c)
AICTE
d)
RBI
15.
Human capital is tangible and can be easily sold in the market
a)
True
b)
FALSE
16.
Use of physical capital does not depend on human capital
a)
True
b)
FALSE
17.
Right to education Act was enacted in the year 2010
a)
True
b)
FALSE
18.
Expenditure on migration is a source of human capital formation
a)
True
b)
FALSE
19.
Human capital formation leads to higher productivity and production
a)
True
b)
FALSE
20.
Human capital and Human development are similar terms
a)
True
b)
FALSE
21.
Right to education Act was enacted to make free education a fundamental right of all children in the age group of 12-18 years.
a)
True
b)
FALSE
22.
On-the job-training is not a source of human capital formation
a)
True
b)
FALSE
23.
In India ,higher education takes a major share of total education expenditure
a)
True
b)
FALSE
24.
Human capital formation gives birth to innovation, invention and technological improvements
a)
True
b)
FALSE
25.
Elementary education covers both primary and middle level education
a)
True
b)
FALSE
26.

(a)   capital refers to the stock of skill, ability, expertise, education and knowledge embodied in the people.

27.

__________________capital is tangible while ____capital is intangible.

(a)  

28.

(a)   formation refers to development of abilities and skills among the population of the country.

29.

(a)   is the percentage of students completing the last year of primary school.

30.

The revenues from education cess is spent on (a)   education

31.

Youth Literacy Rate is the percentage of people ages (a)   who can , with understanding , read and write a short , simple statement on their everyday life.

32.

_______________capital cannot be separated from the owner whereas ___________capital can be separated from its owner

(a)  

33.

(a)   rate refers to the ratio literate adult population to the total adult population in a country

34.

A form of training that takes place during the working is called

(a)