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12th Grade > Economics - 2

HUMAN CAPITAL MCQs

Total Questions : 30 | Page 2 of 3 pages
Question 11. Female literacy in India is:
  1.    75%
  2.    85%
  3.    70%
  4.    66%
 Discuss Question
Answer: Option D. -> 66%
:
D
66% of females are literate in India.
Question 12. Elementary education covers both primary and middle education. State true or false. 
  1.    True
  2.    False
  3.    70%
  4.    66%
 Discuss Question
Answer: Option A. -> True
:
A
Both primary and middle education are covered by elementary education.
Question 13. A person becomes a resource when he/she:
  1.    is willing to work 
  2.    belongs to a particular age group
  3.    is able to work
  4.    all of the above
 Discuss Question
Answer: Option D. -> all of the above
:
D
A person becomes a human resource when he/she is willing to work, able to work, and belongs to a particular age group.
Question 14. Role of human capital formation in economic growth is given by: 
  1.    Improvement in quality of life
  2.    Rise in life expectancy
  3.    Greater innovative skills
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
:
D
Role of human capital formation in economic growth implies an improvement in the quality of life, rise in life expectancy and greater innovative skills.
Question 15. A problem which hampers human capital formation is:
  1.    rising prices
  2.    devaluation of currency
  3.    developed technology 
  4.    rising population
 Discuss Question
Answer: Option D. -> rising population
:
D
Rapidly rising population adversely affects the quality of human capital, as it reduces per head availability of the existing facilities. Accordingly, capacities to acquire knowledge and specialised skills are reduced.
Question 16. Which of the following is a better performer in education? 
  1.    Bihar
  2.    Rajasthan
  3.    U.P
  4.    Mizoram
 Discuss Question
Answer: Option D. -> Mizoram
:
D
Mizoram is a better performer in education.
Question 17. Educated people have add greater values to the GDP of the economy. 
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
:
A
True.Educated people can often work in the services sector which contributes greater amounts to the GDP.
Question 18. Role of human capital formation in economic growth is given by: 
  1.    Improvement in quality of life
  2.    Rise in life expectancy
  3.    Greater innovative skills
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
:
D
Role of human capital formation in economic growth implies an improvement in the quality of life, rise in life expectancy and greater innovative skills.
Question 19. ICMR regulates:
  1.    Banking sector
  2.    Education sector
  3.    Tourism Sector
  4.    Health Sector
 Discuss Question
Answer: Option D. -> Health Sector
:
D
TheIndian Council of Medical Research(ICMR), New Delhi, the apex body in India for the formulation, coordination and promotion of biomedical research, is one of the oldest medical research bodies in the world.
Question 20. Female literacy in India is:
  1.    75%
  2.    85%
  3.    70%
  4.    66%
 Discuss Question
Answer: Option D. -> 66%
:
D
66% of females are literate in India.

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