Human Capital Superiority and Population in India
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Questions and Answers

What is the social consequence of the disguised unemployment prevalent in the agriculture sector?

  • Reduced hardship of unemployment for rural families
  • Equal distribution of income among all family members (correct)
  • Increased standard of living for all family members
  • Higher productivity and efficiency in agricultural work

What characterizes the employment structure in the primary sector in India?

  • Limited job opportunities for educated individuals
  • Technological advancements leading to decreased employment
  • High wages leading to surplus of manpower
  • Disguised unemployment with self-employment (correct)

How does the low income and productivity of a large number of employed people impact the economy?

  • Increases the GDP per capita in the country
  • Boosts overall economic development in the region
  • Leads to surplus of skilled labor in the market
  • Contributes to an inadequate potential for economic growth (correct)

What does the appearance of various new services like biotechnology and information technology in the tertiary sector indicate?

<p>A shift towards more technologically advanced jobs (C)</p> Signup and view all the answers

What is the impact of poor people engaging in any activity irrespective of its earning potential?

<p>Keeps earnings at a bare subsistence level (C)</p> Signup and view all the answers

How does the concept of sharing work and produce reduce the hardship of unemployment in the rural sector?

<p>Reduces financial burden by distributing income among family members (B)</p> Signup and view all the answers

How does unemployment impact the quality of life of an individual and society?

<p>It adversely affects the quality of life for individuals and society. (A)</p> Signup and view all the answers

What is the outcome of there being a surplus of manpower in certain categories and a shortage in others?

<p>Creation of a paradoxical manpower situation. (B)</p> Signup and view all the answers

What is the impact of unemployment on the dependence of the unemployed on the working population?

<p>Increases their dependence on the working population. (D)</p> Signup and view all the answers

Why does unemployment represent a great social waste?

<p>Because it reflects the inability of qualified individuals to find gainful employment. (B)</p> Signup and view all the answers

What is one consequence of a dearth of technical skills required for economic growth?

<p>A hindrance to economic growth due to lack of necessary skills. (B)</p> Signup and view all the answers

How does unemployment affect an economy's resource utilization?

<p>It wastes resources by not employing willing educated individuals. (D)</p> Signup and view all the answers

What is a key difference between human capital and other resources like land and physical capital?

<p>Human resource can make use of land and capital, while land and capital cannot become useful on their own. (D)</p> Signup and view all the answers

In the context of the text, why was a large population in India considered a liability?

<p>Due to the surplus of manpower leading to unemployment issues. (B)</p> Signup and view all the answers

Why was Sakal's uncle Shyam sitting idle at home despite passing the matriculation examination?

<p>Due to a lack of job opportunities matching his qualifications. (B)</p> Signup and view all the answers

What motivated Sakal's father to encourage Sakal to continue his studies?

<p>To provide Sakal with better job opportunities in the future. (A)</p> Signup and view all the answers

How did Sakal's vocational course in computers impact his career?

<p>It equipped him with skills for a job in a private firm. (A)</p> Signup and view all the answers

What positive outcome did Sakal achieve as a result of designing a new software?

<p>He helped increase the sales of the firm. (B)</p> Signup and view all the answers

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