CUET 2024 Economics Current challenges facing Indian Economy – Human Capital Formation MCQ Question Answers

1. Full form of AICTE

2. ______takes a major share of total education expenditure

3. Government of India has also started levying a ______ ‘education cess’ on all Union taxes

4. ICMR Full form

5. individual consumers of Educational or Healthcare services do not have complete information about the quality of services and their costs. In this situation, the providers of education and health services acquire _____ and are involved in exploitation

6. Which Five Year Plan Does specify Significance of Human Resource development particularly for a country with a large population?

7. educational achievements in a country are indicated in terms of

8. The Education Commission (1964–66) had recommended that at least ______of GDP be spent on education

9. The Tapas Majumdar Committee, appointed by the Government of India in 1999, estimated an expenditure of around ______over 10 years to bring Indian children under the purview of school education.

10. ________is the reason for the rural-urban migration in India

11. Expenditure on Education by the government is expressed

12. We know that the labour skill of an educated person is _____that of an uneducated person

13. Education Expenditure can be referred as:

14. _______considers education and health as a means to increase labour productivity

15. The differences in literacy rates between males and females are _____signifying a positive development in gender equity

16. Which Rate States the Important Indicator of Educational Position of a Country

17. _______is based on the idea that education and health are integral to human well-being because only when people have the ability to read and write and the ability to lead a long and healthy life

18. Which of the following statements is not a merit Of Human Capital Formation?

19. Firms spend on giving on-the job-training to their ______

20. Investment in ______is considered as one of the main sources of human capital.