Human Capital Formation in India — Practice Quiz
CBSE · Class 11 · Economics
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What is the primary goal of human capital formation?
What percentage of GDP did the Education Commission (1964-66) recommend should be spent on education?
How does human capital differ from physical capital?
What is the primary difference between human capital and human development perspectives?
Sample Questions
Which of the following are sources of human capital formation?
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Education, Health expenditure, On-the-job training, Migration
Education, health, training, migration, and information acquisition are key sources of human capital formation that enhance an individual's economic potential.
What is the Right of Children to Free and Compulsory Education Act focused on?
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Free education for children aged 6-14 years
The Act ensures free and compulsory education as a fundamental right for children between 6-14 years of age.
Which organizations facilitate educational institutions in India?
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NCERT, University Grants Commission, All India Council of Technical Education
NCERT, UGC, and AICTE are key organizations that facilitate and regulate educational institutions in India.
What percentage of GDP was India's education expenditure in 2020?
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4.47%
According to the chapter, India's education expenditure was 4.47% of GDP in 2020, which is lower than the recommended 6%.
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Sources & Official References
- NCERT Official — ncert.nic.in
- CBSE Academic — cbseacademic.nic.in
- CBSE Official — cbse.gov.in
- National Education Policy 2020 — education.gov.in
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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