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

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

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

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

4. Expenditure on Education by the government is expressed

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

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

7. _______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

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

9. Full form of AICTE

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

11. 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.

12. ICMR Full form

13. 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

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

15. ______takes a major share of total education expenditure

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

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

18. Education Expenditure can be referred as:

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

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