Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks.
Identify the sources of Human Capital Formation and choose the correct alternative to fill in the blanks.
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- Expenditure on Health and Expenditure on Schools
- Expenditure on Technology and Expenditure on Knowledge
- Expenditure on Migration and Expenditure on Knowledge
- Expenditure on Health and Expenditure on Migration
The Correct Option is D
Solution and Explanation
Human Capital Formation refers to the development of skills, knowledge, and health to increase productivity. Key sources include:
Expenditure on Health: Ensures a healthy workforce capable of higher productivity.
Expenditure on Migration: Allows skilled labor to move to regions with better opportunities, enhancing productivity.
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___________ farming is a system that is helpful in restoring, maintaining and enhancing the ecological balance.
(Choose the correct alternative to fill in the blank):The present day rapid industrial growth in China can be traced back to the economic reforms introduced in 1978, where ________ .
(Choose the correct alternative to fill in the blank):
(i) Initially reforms were initiated in agriculture, foreign trade and investment sectors.
(ii) The policy of dual pricing was adopted.
(iii) The Government revoked the policy of Special Economic Zones.Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): In the recent past, Indian economy has been facing the problem of jobless growth.
Reason (R): Jobless growth refers to a situation where an economy is able to produce more goods and services without generating additional employment.Read the following statements carefully:
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Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.Read the following statements carefully:
Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector.
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China was able to control its rapid population growth rate owing to __________.
(Choose the correct alternative to fill in the blank):- Read the following statements carefully: Statement 1: India, Pakistan and China have similar physical endowments, but totally different political systems.
Statement 2: Both India and Pakistan laid great emphasis on creating a large private sector. - “Recently, the Government of India launched Jan-Dhan Yojana.”
In the light of the given statement, discuss briefly the objectives of this scheme. 
- Discuss any two benefits accruing from human capital formation.
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