NCERT Class 11 Chapter 5 Economics Human Capital Formation in India MCQ

NCERT Class 11 Chapter 5 Economics Human Capital Formation in India MCQ | Questions & Answers: Make use of the NCERT Class 11 Chapter 5 Economics Human Capital Formation in India Multiple Choice Questions that we have provided to know new things about the Human Capital Formation in India concept in NCERT Class 11 Economics.

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1. Which of the following is not an indicator of education level?

A. Years of schooling

B. Life expectancy

C. Teacher-pupil ratio

D. Enrollment rate

2. Which programme started in 1994

A. District Primary Education Programme

B. Kasturba Gandhi Balika Vidyalaya

C. Sarva Siksha Abhiyan

D. Mid-day meal

3. What percent of GDP was invested in education in the year 1952?

A. 7.92 percent

B. 11.7 percent

C. 0.64 percent

D. 3.31 percent

4. Human capital consists of

A. Entrepreneurs

B. Both workers and entrepreneurs

C. Workers

D. Entire population

5. GER stands for

A. General Enrolment Ratio

B. Gross Enrolment Ratio

C. General Estimated Ratio

D. Gross Education Ratio

6. Human capital can be increased by incurring expenditure on

A. All of these

B. Improvement in technology

C. Increase in GDP

D. Improvement of health

7. SSA started in

A. 2005

B. 2000

C. 2006

D. 2004

8. Human Development refers to

A. None

B. Both

C. Development of the individuals by acquiring good education

D. Consists of skills as used in the process of production

9. How much India spend on education?

A. 2% Of GDP

B. 4% of GDP

C. 6% of GDP

D. 5% Of GDP

10. What percent of GDP was invested in education in the year 1952?

A. 7.92 percent

B. 11.7 percent

C. 0.64 percent

D. 3.31 percent

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11. The most important indicator of the status of education of a country is the

A. Death rate

B. Population rate

C. Birth rate

D. Literacy rate

12. Human capital is similar to physical capital because

A. Both

B. none

C. They are factors of production

D. Raise nation’s ability to produce goods and services

13. The objective of midday meal scheme is __________

A. to boost universalisation of primary education

B. to boost the nutritional status of children in schools

C. to increase enrolment attendance and retention, and also improving the nutritional status of children in school

D. to boost universalisation of upper primary level of education

14. Which of the following is not an indicator of education level?

A. Years of schooling

B. Life expectancy

C. Teacher-pupil ratio

D. Enrollment rate

15. The most important indicator of education status of a country is the

A. Literacy rate

B. Death rate

C. Population rate

D. Birth rate

16. Educational attainment is measured by the two-third weighted average of the _____and one-third weight ______

A. literacy rate, mean years of primary schooling

B. adult literacy rate, mean years of secondary schooling

C. adult gross literacy rate, mean years of schooling

D. adult literacy rate, mean years of schooling

17. Which of the following is not the role of on-the-job training?

A. Eradicates inequality

B. Encourages innovation

C. Promotes modern methods

D. Enhances productivity

18. The government has levied –% of education cess on all union taxes?

A. 3%

B. 4%

C. 2%

D. 10%

19. In which state the per capita expenditure on elementary education is highest?

A. Maharashtra

B. Kerala

C. Karnataka

D. Himachal Pradesh

20. Machines and buildings are

A. Human capital

B. None of these

C. Physical capital

D. Natural capital

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21. Which of the following is not the feature of India Vision 2020 Report

A. 90% of literacy in India

B. If we double the investments in education it will increase the country’s GDP per capita by four times

C. 100 % enrolment of all children of age group 6-14 years

D. Importance of technical education

22. Literacy refers to

A. All urban people

B. All educated people

C. All rural educated people

D. The ability to read and write

23. If ____ capital represents production capacity of a nation, _____ capital is the cause that designs machines.

A. Human, Physical

B. Financial, Human

C. Physical, Human

D. Physical, Financial

24. It controls and guides higher education

A. IGNOU

B. None

C. NCERT

D. UGC

25. Secondary level education for age group

A. 13-15

B. 18-40

C. 15-18

D. 14-18