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प्रश्न
Benefits of physical capital accrue only to private entities, whereas human capital provides private as well as ______ benefits.
पर्याय
profitable
fiscal
social
monetary
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उत्तर
Benefits of physical capital accrue only to private entities, whereas human capital provides private as well as social benefits.
Explanation:
Physical capital, such as machinery and plant, is only useful to businesses that are involved in the production process. But human capital, or the stock of skilled, trained, educated, and experienced labours, is an asset for society and the nation as well as individuals who purchase their services.
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संबंधित प्रश्न
Discuss the following as a source of human capital formation
Expenditure on migration.
Bring out the need for on-the-job-training for a person.
Which one of the following is a reason for poor human capital formation in India?
Which one of the following is a major source of human capital formation in the country?
Preventive medicine includes medical practices that are designed to avoid or avert diseases.
Physical capital is inseparable from its owner.
Match and choose the correct combination.
| (i) | Preventive medicine | (A) | Medical intervention during |
| (ii) | Curative medicine | (B) | Vaccination |
| (iii) | Social medicine | (C) | The spread of health literacy |
Which of the following institutes comes under the health sector?
Which of the following is not the role of on-the-job training?
Ms. Ramanpreet has started a new business venture, she intends to spend a huge amount towards ‘on-the-job training’ of her workers before putting them to work. It exhibits the right step in the direction of Human Capital Formation.
Spot which of the following does not directly contribute to the process of human capital formation by Ms. Ramanpreet -
Which of the following is an example of curative medicine?
What is the need for on-the-job training for a person?
Which of the following points indicates that economic growth and infrastructure development are related to each other?
Consider the following statements:
Statement 1: Resources or factors of production can be natural, human, capital, and entrepreneurial.
Statement 2: An economy must make a choice of the wants which are important for the economy.
Out of following one is non-renewable source:
Read the following statements carefully.
Statement 1: On-the-job trainings help to bridge a gap between theoretical concepts and practical experiences.
Statement 2: On-the-job trainings update the employees, with the latest changes in their work field.
In the light of the given statements, choose the correct alternative:
