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Question
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
Options
(i) and (ii)
(ii) and (iii)
(i), (ii) and (iii)
(i) and (iv)
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Solution
(i), (ii) and (iii)
Explanation:
- Brain drain, or the flight of skilled labor to other nations in search of better work prospects; low academic standards in schools and colleges with only theoretical knowledge and no behavioral expertise; and India's growing population are important difficulties in human capital building.
- In India, an change in social attitude leads to the production of human capital. In comparison to former eras, society now places a greater emphasis on women's education, health, skill, and training.
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