Study Simplify Special

All Questions — 166 questions

Q1

Which of the following is an example of a preventive medicine?

Q2

Recently, Government of India has started levying a _____ % 'Education Cess' on all union taxes.

Q3

Which of the following is an indicator of education attainments?

Q4

Under human capital formation, people spent money to acquire information relating to:

Q5

What percent of GDP was recommended by Education Commission (1964-66) to be spent on education sector?

Q6

When was The Tapas Majumdar Committee appointed by the government?

Q7

The stock of skill and expertise of nation at a point of time is called:

Q8

Which of the following statements is true?

Q9

What was infant mortality rate as per 2001 census?

Q10

Infant mortality rate in 2010-12 was:

Q11

Which of the following statement is true?

Q12

Health expenditure directly increases the supply of healthy:

Q13

If a worker absents herself/himself for long due to ill health, it will affect his/her:

Q14

Which capital treats human beings as a means to an end?

Q15

AICTE stands for:

Q16

Which of the following is an institution to regulate health sector?

Q17

Expenditure on education is a source of:

Q18

Expenditure on information and technology is a part of human capital expenditure as a result, India is known as knowledge economy due to development of:

Q19

Which Five Year Plan recognised the importance of human capital?

Q20

_______ is/are an important factor of human capital formation as it results in enhanced labour productivity:

Q21

The main problems of human capital formation in India is/are:

Q22

The Adult Literacy Rate among males in India in the year 2000 was:

Q23

Which of the following is an example of a curative medicine?

Q24

The Adult Literacy Rate among females in India in the year 2000 was:

Q25

There is a need to promote education for women in India due to various reasons which include:

Q26

The major share of total education expenditure is taken by:

Q27

The Right to Education Act makes education a matter to all children in the age group of:

Q28

Which of the following is an example of a social medicine?

Q29

How investment in education stimulate economic growth? Select from the following:

Q30

What is the full form of NCERT?

Q31

In India, education sector is regulated by:

Q32

Which of the following is/are examples of physical capital?

Q33

'Right to Education Act' was enacted in the year:

Q34

A teacher's salary is higher than a rickshaw puller because of:

Q35

Education cess is levied on:

Q36

Which are the two important sources of human capital formation?

Q37

Which of the following is an indicator of health attainments?

Q38

Which of the following is not a source of Human Capital Formation?

Q39

_______ is the process of adding to the stock of human capital over time.

Q40

Before introducing new technology, a firm provides the basic skills to the workers regarding its usage. This is which source of human capital formation?

Q41

When did the government of India made free and compulsory education a fundamental right for all children in the age group 6-14?

Q42

_______ is an educationally backward state.

Q43

The steep Indian education pyramid indicates ________ .

Q44

Education provides _______ . - (i) Scientific advancements - (ii) Facilitate inventions and innovations - (iii) Adapting to new technology

Q45

Read the passage and answer the following questions:

Q46

Gender bias in India is a hindrance to the process of skill formation.

Q47

We differentiate between economic activity and production activity to calculate the number of workers.

Q48

National Literacy Mission was set up in 1968.

Q49

'Skill India Programme' launched by the Government of India is an attempt to increase human capital formation.

Q50

India has not been able to achieve 100% literacy even till today.

Q51

__________ was launched in 2001 to universalise and improve the quality of Elementary Education in India.

Q52

________ and ________ are the two major sources of human capital in a country.

Q53

_________ is intangible and cannot be sold in the market.

Q54

_______ is tangible and can be easily sold in the market.

Q55

_________ implies the development of abilities and skills among the population of the country.

Q56

Why was educational cess imposed by the government on all union taxes?

Q57

Bring out the difference between literacy and education.

Q58

Literacy rates in India have increased but so has the absolute number of illiterates. Why?

Q59

The per capita education expenditure is only ₹3,600 in Bihar. What does this convey about the state of education in Bihar?

Q60

What are the two forms of health expenditures?

**Answer:** - i. Preventive medicine (vaccination).

Q61

Why has India not been able to achieve 100% literacy rates?

Q62

Give one difference between Physical Capital and Human Capital.

Q63

Give the full form of 'ICMR'.

Q64

What is the main purpose of human capital formation?

Q65

Literacy rate is measure of education, a person is called literate if he/she can _______ any language.

Q66

What do you mean by 'brain drain'?

Q67

What is the reason for the rural-urban migration in India?

Q68

Mention any two sources of human capital formation.

Q69

Why do people migrate?

Q70

Write any one problem of human capital in India.

Q71

What is curative medicine?

Q72

When was the 'Right to Education Act' enacted by the Government of India?

Q73

What was identified by the Deutsche Bank's report published on 1.7.05?

Q74

Give the idea on which Human Development is based.

Q75

What do you understand by the "Right to Education Act"?

Q76

Mention the two kinds of manpower whose stock is rich in India.

Q77

Why do people spend to acquire information relating to the labour market, education and health?

Q78

Give any one form of 'on-the-job training' to the workers.

Q79

What according to you is 'quality education'?

Q80

Write those elements which enable people to live a better life.

Q81

"School dropouts are giving way to child labour". Discuss how this is a loss to human capital.

Q82

How does human capital formation improve quality of life?

Q83

What is social medicine?

Q84

Identify how Human Development Index is calculated? What is the position of India in the World Human Development Index?

India ranks 134 out of 182 countries which shows poor human development. Value of India's HDI is 0.612.

Q85

Explain the role of education in human capital formation.

Q86

Why and how do firms give on-the-job-training to their workers?

Q87

Is expenditure on migration a source of human capital formation? Give reasons in support of your answer.

Q88

'Human resource is the main economic factor'. Discuss.

Q89

Distinguish between Physical Capital Formation and Human Capital Formation.

**Answer:** - i. Physical Capital formation is mainly an economic and technical process whereas human capital formation is partly a social process and partly a conscious decision of the possessor of the human capital. - ii. Physical capital is tangible i.e. can be sold in the market like any other good but human capital is intangible i.e. built in the body and mind of its owner. - iii. Physical capital is sold in the market but human capital is not sold in the market — only the services of human capital are sold.

Q90

Give any three challenges facing Indian education system.

**Answer:** - i. The major challenge in the area of education is to bring all Indian children in the age group 6-14 years under the purview of school education. - ii. Per capita education expenditure differs across the states, leading to variation in educational opportunities and attainments across the states. This is contrary to the purpose of equity (regional equality).

Q91

Why do so many children drop out from different levels of education in India?

Q92

Why has the Government of India levied a 2% education cess on all union taxes?

Q93

"Education implies the process of teaching, training and learning, especially in schools or colleges, to improve knowledge and develop skills." How is education more valuable than literacy?

Q94

Mention the various indicators of human development. OR Mention any three indicators of human development.

Q95

How is the government expenditure on education expressed? Which in your opinion is a better measure?

Q96

Do you think that the current level of education expenditure is adequate? Why?

Q97

Give an account of report published by World Bank on Indian economy as a knowledge economy.

Q98

Do you think the current level of education expenditure is inadequate? Why?

Q99

Explain how is India a knowledge economy.

Q100

Write a brief note on National Literacy Mission.

Q101

What are the two major sources of human capital in a country?

Q102

How government organisations facilitate the functioning of schools and hospitals in India?

Q103

'There is a downward trend in inequality world-wide with a rise in the average education levels'. Comment.

Q104

Discuss the following as a source of human capital formation — Health infrastructure.

Q105

Explain the meaning of human capital formation with the help of an example.

Q106

Read the passage and answer the following questions:

Q107

Give an account of growth of education sector in India.

Q108

Why is there a need to promote women's education in India?

Q109

Why is unemployment highest among the educated youth?

Q110

'Indian education system is considered faulty from the employment angle'. Do you agree? Explain.

Q111

What does government expenditure on education reveal?

Q112

What role can the government play in human capital formation in India?

Q113

'India is going to be a knowledge based economy in the near future'. Discuss.

Q114

How does education and training lead to technological improvement?

Q115

Discuss the following as a source of human capital formation — Expenditure on migration.

Q116

Explain the concept of vocationalisation of education.

Q117

What is migration? What are its costs and benefits?

**Benefits of Migration:** - Higher earnings.

Q118

Explain how health and expenditure on information are a source of human capital formation.

**Answer:** - **Health as a source:** Health is an important source of human capital formation because only a healthy worker can contribute towards increasing the capital stock of the country. A sick worker, without access to medical facilities is compelled to abstain from work, and there is loss of productivity.

Q119

Explain any four problems of human capital formation in India. **OR What are the main problems of human capital formation in India?** **OR Indian Government has been taking steps for human capital formation, yet human capital formation is facing problems. Explain such problems.**

Q120

Is the formation of human capital linked to man's all round development or, as it is now called human development?

Q121

Education is a challenging proposition for Indian economy. Discuss.

Q122

Read the passage and answer the following questions:

Q123

Read the passage and answer the following questions:

Q124

Bring out the differences between human capital and human development.

**Answer:**

| Basis | Human Capital | Human Development | |-------|--------------|-------------------| | **Concept** | Considers education and health as means to increase productivity | Based on the idea that education and health are integral part of human well-being | | **Treatment** | Treats human being as a means to an end — the end being increase in productivity | Treats human beings as an end in themselves |

Q125

Why is it essential for the government to regulate the fee structure in educational institutions?

Q126

A skilled worker like software professional generates more income than an unskilled worker. Why?

Q127

Discuss the weaknesses of education sector in India.

**Answer:** 1. **High Illiteracy:** Literacy rate of 64.8% (2001 census) is still far off the 100% mark. 2. **Gender Bias:** Enrolment of girls in both primary and upper primary classes is much below boys. 3. **Low Quality Education:** The quality of education is fairly low. 4. **Lack of Vocational and Technical Training:** Too much emphasis on general education neglecting vocational and technical education.

Q128

Why do we observe regional differences in educational attainment in India?

Q129

Keeping in view the present scenario, what should be the objectives of education in India?

**Answer:** - i. Ensuring hundred per cent literacy in the country, as even after nearly 70 years of independence, around 26% of the population is illiterate. - ii. Vocationalisation of education should be encouraged. - iii. Higher education should be brought within the reach of all.

Q130

Read the passage and answer the following questions:

Q131

Is India going to be a knowledge based economy in the near future?

Q132

With a view to discourage hoarding of cash and to solve the problem of black money, the Government of India initiated demonetisation. This created a cash crunch and parents were not able to pay school fees. What measures could schools adopt?

**Answer:** - i. The schools could accept fees by online transfer. - ii. The schools could accept digital cash. - iii. They could accept fees by cheque or bank draft.

Q133

Identify similarities and dissimilarities between physical capital and human capital.

**Answer:**

**Similarities:**

**Dissimilarities:** - e. Physical capital benefits only the owner; human capital benefits the owner and society.

Q134

Examine the role of education in the economic development of a nation. OR 'Education plays a significant role in economic development'. Discuss.

**Answer:** - i. Education increases the receptivity of people to modern and scientific ideas, increasing efficiency. - ii. It results in greater awareness of available opportunities and mobility of labour. - iii. It imparts knowledge, skills and attitude enabling contribution to productive programmes.

Q135

What are the differences between education and literacy?

Q136

Read the passage and answer the following questions:

Q137

Read the passage and answer the following questions:

Q138

The Education Commission in 1966 recommended that at least 6% of GDP should be spent on education. However, even after 50 years, the government continues to spend 3-4% of GDP. How has this affected the education sector? What value stands violated?

Q139

Read the passage and answer the following questions:

Q140

"Over time, human capital has replaced physical capital as the most scarce resource and the main economic factor". What is the value of human capital in economic development?

Q141

How is human development a broader term as compared to human capital?

Q142

Education is considered to be an important input for the development of a nation. How?

Q143

What factors contribute to human capital formation?

**Answer:** - **Education:** An educated individual has more knowledge and skills. Education imparts the necessary attitude for adopting new technologies and efficient management practices, leading to higher efficiency, productivity, income, and standard of living. - **Health:** Investment in health directly increases the supply of a healthy labour force. A healthy person is more productive. Preventive medicine, curative medicine, social medicine, and provision of clean drinking water and sanitation are various forms of health expenditures. - **On-the-job Training:** Firms provide training to workers to enhance their skills. Workers may be trained in the firm itself under supervision or sent for off-campus training. - **Migration:** It facilitates utilisation of inactive skills. People from rural areas migrate to urban areas in search of employment. The increase in earnings outweighs the costs of migration.

Q144

What are the indicators of educational achievement in a country?

Q145

Bring out the need for on-the-job-training for a person.

Q146

Trace the relationship between human capital and economic growth.

Q147

Explain four sources of human capital formation. OR Explain the main sources of human capital formation.

Q148

Explain various sources of human capital formation.

**Answer:**

Q149

Differentiate between physical capital and human capital.

**Answer:**

| S. No. | Basis | Physical Capital | Human Capital | |--------|-------|-----------------|---------------| | 1. | **Nature** | Tangible, can be easily sold in the market | Intangible, built in the body and mind of its owner; services are sold, not the capital itself | | 2. | **Ownership** | Separable from its owner | Inseparable from its owner | | 3. | **Mobility** | Completely mobile between countries | Not perfectly mobile between countries (restricted by nationality and culture) | | 4. | **Formation** | Can be built even through imports | Must be done through conscious policy formulations | | 5. | **Benefit** | Creates only private benefit | Creates private and social benefits |

Q150

What is human capital? Explain at least three areas where expenditure made is considered to be expenditure on human capital formation.

Q151

What are the main problems of human capital formation in India?

**Answer:** - **Rising Population:** Rapidly rising population adversely affects quality of human capital formation, reducing per capita availability of facilities. - **Long Term Process:** Skill formation takes time; the process is slow. - **High Regional and Gender Inequality:** Lowers human development levels. - **Brain Drain:** Migration of highly skilled labour adversely affects economic development. - **Insufficient on-the-job-training in agriculture:** Workers are not trained to absorb new technologies.

Q152

"As physical capital is essential for economic development so is human capital." Explain.

**Answer:** - i. When existing human resource is further developed by becoming more educated and healthy, human capital formation adds to the productive power of the country. - ii. Investment in human capital formation yields higher returns by yielding larger output. - iii. It improves the social outlook of workers and helps increase labour mobility. - iv. It raises the standard of living by increasing incomes. - v. Society gains indirectly because advantages spread to those not directly educated or given health care.

Q153

Explain the main sources of human capital formation.

**Answer:** - i. **Investment in education:** People invest with the objective of increasing future income. - ii. **Investment in health:** Healthy people contribute more productively. - iii. **On-the-job training:** Workers may be trained under a skilled expert or sent for off-campus training. - iv. **Migration:** Expenditure on migration is a source of human capital formation as people migrate for better job opportunities.

Q154

Give an account of human capital of India.

**Life Expectancy:** 65.6 years for females, 64 years for males (2007).

**Infant Mortality Rate:** 44 per thousand (urban), 70 per thousand (rural).

**Density:** 324 persons per sq. km.

**Sex Ratio:** 940 per thousand (2011).

**Rural-Urban Divide:** 68% population in rural areas.

**Literacy:** 74.04% in 2011 (82.14% male, 65.46% female).

Q155

"The Indian education pyramid is steep." Elaborate.

Q156

Explain how investment in education stimulates economic growth.

**Answer:** - **Enhances Productivity:** Education adds to quality of labour, enhancing total productivity and growth. It turns human resources into human capital. - **Expands mental horizon:** Education helps people make better and rational choices. - **Develops science and technology:** Educated workforce facilitates adaptation and invention of new technologies. - **Raises standard of living:** Education opens doors to better jobs and salary. - **Increases participation rate:** Education makes the population capable of participation in economic, political and social activities.

Q157

Argue in favour of the need for different forms of government intervention in education and health sectors.

**Answer:** - Private institutions are guided by profit motive, making education and health facilities expensive. - Investment in education and health must be carried out by Central, State and Local governments as per federal structure. - Government should set up or encourage institutions in remote and rural areas.

Q158

Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.

Q159

How does investment in human capital contribute to growth?

Q160

Throw light on the two recent reports published on the Indian economy.

Q161

In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?

Q162

Write a short note on Human Development Index (HDI).

Q163

Examine the role of education in the economic development of a nation.

**Answer:** - **Knowledge and skills:** Provides quality skills and knowledge, enhancing productivity and earning opportunities. - **Acceptability of modern methods:** An educated individual can adopt modern techniques boosting the economy. - **Eradication of inequality:** Education reduces inequality by increasing income earning capacity of economically backward sections. - **Innovation:** An educated person can develop new skills and innovate new techniques.

Q164

What are the differences between human capital and human development? OR Bring out the differences between human capital and human development.

**Answer:**

| S. No. | Basis | Human Capital | Human Development | |--------|-------|--------------|-------------------| | 1. | **Concept** | Narrow concept | Broader concept | | 2. | **Means of productivity** | Considers education and health as means to increase labour productivity | Considers education and health integral to human well-being | | 3. | **Link** | Treats human beings as a means to an end (increase in productivity) | Human beings are an end in themselves |

Q165

Discuss the need for promoting women's education in India.

Q166

Read the passage and answer the following questions: