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What is Human Capital Formation?
What is Human Capital Formation?
- Expenditure on migration for skill development
- The process of adding to the stock of skill and expertise over time (correct)
- The stock of produced means of production
- Financial claims against assets of companies
Which of the following is NOT a source of Human Capital Formation as mentioned in the text?
Which of the following is NOT a source of Human Capital Formation as mentioned in the text?
- Expenditure on Information
- Expenditure on Agriculture (correct)
- Expenditure on Health
- Study Programmes for Adults
How does Human Capital Formation contribute to economic growth?
How does Human Capital Formation contribute to economic growth?
- By increasing productivity of physical capital through skilled workers (correct)
- By reducing the productivity of physical capital
- By limiting access to education and health services
- By decreasing the rate of participation in the workforce
Which aspect does NOT describe Human Capital?
Which aspect does NOT describe Human Capital?
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What is a major benefit of Human Capital Formation mentioned in the text?
What is a major benefit of Human Capital Formation mentioned in the text?
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Which factor does NOT contribute to Human Capital Formation according to the text?
Which factor does NOT contribute to Human Capital Formation according to the text?
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What is the main difference between human capital and human development?
What is the main difference between human capital and human development?
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What does 'Human Capital Formation' aim to achieve?
What does 'Human Capital Formation' aim to achieve?
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How does G.M. Meier define human capital formation?
How does G.M. Meier define human capital formation?
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What is included in 'Physical Capital'?
What is included in 'Physical Capital'?
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What age group does the Right to Education (RTE) Act in India promise education to?
What age group does the Right to Education (RTE) Act in India promise education to?
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How does human capital differ from physical capital?
How does human capital differ from physical capital?
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