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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
What are the two major sources of human capital in a country?
Discuss the following as a source of human capital formation
Expenditure on migration.
How does investment in human capital contribute to growth?
Bring out the need for on-the-job-training for a person.
Physical capital is inseparable from its owner.
Which of the following is not the role of on-the-job training?
Source of human capital formation is ______.
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 points are related to the costs of migration?
What are the major sources of human capital in a country?
What is the need for on-the-job training for a person?
The newly emerging jobs are found mostly in the ______ sector.
"Expenditure on On-the-job training is an important means of human capital formation in an economy."
Give valid reasons to justify the given statement.
“Ravya was initially working as an office clerk in a firm. In the pursuit to attain, a higher position and income, she attended a few on-the-job training sessions. These sessions contributed positively to her skills and expertise.”
Explain the impact of Ravya’s decision on human capital formation.
Identify, which of the following are associated with the problem of human capital formation in India?
- Brain drain
- Low academic standards
- Rising population
- Changes in social outlook
State with valid reason whether the following statement is true or false:
“Higher productivity and production are the outcome of investment in human resources.”
