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CBSE · Class 11 · Economics

Human Capital Formation in India quiz

Q01
MCQ

Which of these is a source of human capital formation?

(a) Buying machines
(b) Expenditure on health
(c) Buying land
(d) Building roads (1 mark)
Q02
MCQ

The Right to Education Act covers children in the age group:

(a) 3-6 years
(b) 6-14 years
(c) 14-18 years
(d) 6-18 years (1 mark)
Q03
MCQ

The Kothari Commission recommended spending what share of GDP on education?

(a) 2%
(b) 4%
(c) 6%
(d) 10% (1 mark)
Q04
MCQ

Which body regulates medical research in India?

(a) UGC
(b) ICMR
(c) AICTE
(d) NCERT (1 mark)
Q05
MCQ

Human capital is:

(a) tangible and sold in the market
(b) intangible and inseparable from its owner
(c) the same as physical capital
(d) owned only by firms (1 mark)
Q06
MCQ

Brain drain refers to:

(a) migration of skilled people abroad
(b) loss of memory
(c) unemployment
(d) poor school results (1 mark)
Q07
MCQ

India's literacy rate in 2011 was about:

(a) 54%
(b) 64%
(c) 74%
(d) 84% (1 mark)
Q08
MCQ

Which of these is a social benefit of education?

(a) Higher income for the individual only
(b) Better-informed citizens and lower crime
(c) More machines
(d) Higher prices (1 mark)
Q09
MCQ

On-the-job training is provided by:

(a) firms
(b) courts
(c) banks only
(d) the Census (1 mark)
Q10
MCQ

Which of these is an indicator of health?

(a) Life expectancy
(b) Exports
(c) GDP
(d) Inflation (1 mark)
Q11
Short

Why is investment in education considered productive? (2 marks)

Q12
Short

How does health expenditure contribute to human capital formation? (2 marks)

Q13
Short

Why is migration considered a source of human capital? (2 marks)

Q14
Short

What is the role of information in human capital formation? (2 marks)

Q15
Short

Why is the government involved in education and health? (2 marks)

Q16
Short

What is meant by 'private rate of return' on education? (2 marks)

Q17
Short

Why is the gender gap in literacy a concern? (2 marks)

Q18
Short

What are the functions of the UGC? (2 marks)

Q19
Short

How does human capital raise productivity? (2 marks)

Q20
Short

Why is the quality of education as important as access? (2 marks)

Q21
Numerical

A state's literacy rose from 60% to 72% in ten years. Calculate the increase in percentage points and the percentage increase. (3 marks)

Q22
Numerical

A country of 50 crore people has 15 crore children aged 6-14, of whom 13.5 crore are enrolled. Calculate the enrolment ratio. (3 marks)

Q23
Numerical

A hospital spends Rs 5 crore on vaccines, preventing 10,000 cases of illness that would each cost Rs 8,000 to treat. Calculate the savings. (3 marks)

Q24
Numerical

A student spends Rs 2 lakh on a skill course and earns Rs 25,000 more each year. How many years will it take to recover the cost? (3 marks)

Q25
Numerical

Government education spending rose from Rs 6 lakh crore to Rs 9 lakh crore over 5 years. Calculate the percentage increase. (3 marks)

Q26
Case

Read the passage and answer the questions. Rajiv completed a computer course after school. A software company hired him, and gave him three months of training. His salary rose sharply after two years, and he later moved to the USA for a better job. (i) Identify two sources of human capital in Rajiv's case. (ii) What is the phenomenon of his migration called? (iii) How does it affect India? (5 marks)

Q27
Case

Read the passage and answer the questions. Human capital considers education and health as a means to increase labour productivity. Human development is based on the idea that education and health are integral to human well-being, because only when people can read and write and lead long and healthy lives can they make choices they value. (i) What is the difference in approach? (ii) Why is basic education an end in itself? (iii) Name one indicator of human development. (5 marks)

Q28
Case

Read the passage and answer the questions. In India, the education sector is regulated by bodies such as NCERT for school education, UGC for higher education and AICTE for technical education. The health sector is regulated by bodies like ICMR. Both central and state governments spend on education and health. (i) Why do governments regulate these sectors? (ii) What is the role of NCERT? (iii) Why should education be provided at low cost? (5 marks)

Q29
Case

Read the passage and answer the questions. In 2009, the Government of India enacted the Right to Education Act to make free education a fundamental right of all children in the age group of 6-14 years. The government also levies an education cess on taxes to raise funds for education. (i) What is the aim of the Act? (ii) What is a cess? (iii) Suggest one measure to improve the quality of education. (5 marks)

Q30
Case

Read the passage and answer the questions. A village has a literacy rate of 55%: 70% among men and 40% among women. The village panchayat started evening classes for women and gave free bicycles to girls attending secondary school. (i) Calculate the gender gap. (ii) How will these measures help? (iii) Why is female literacy important for human capital? (5 marks)

Q31
Long/Diagram

What is human capital? Explain the sources of human capital formation with examples. (6 marks)

Q32
Long/Diagram

Distinguish between human capital and physical capital. How does human capital contribute to economic growth? (6 marks)

Q33
Long/Diagram

Explain the state of human capital formation in India. What are the problems faced, and how can they be solved? (6 marks)

Q34
Long/Diagram

Explain the growth of the education sector in India, with reference to government expenditure, literacy rates and the Right to Education Act. (6 marks)

Q35
Long/Diagram

Explain the importance of health as a source of human capital. What role do government and private bodies play in health care in India? (6 marks)

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