Advertisements
Advertisements
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)
Advertisements
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.
APPEARS IN
RELATED QUESTIONS
What are the two major sources of human capital in a country?
How does investment in human capital contribute to growth?
Explain how investment in education stimulates economic growth.
Trace the relationship between human capital and economic growth.
Which one of the following is a major source of human capital formation in the country?
The objective of midday meal scheme is ______.
Preventive medicine includes medical practices that are designed to avoid or avert diseases.
Which of the following institutes comes under the health sector?
Source of human capital formation is ______.
Match the situations given in Column I with their respective implications given in Column II:
| Column I | Column II | ||
| A | Migration | i | Reduced in per capita economic growth |
| B | Low level of academic standards | ii | An imbalance between demand and supply of human resource |
| C | Population- High Growth rate | iii | Brain Drain |
| D | Lack of proper manpower planning | iv | The mismatch between required skill and academic standards |
When does economic growth leads to economic development?
Which of the following statements are correct
Statement 1: Migration is the shifting of a person from one place to another with the intention of settling, permanently or temporarily in a new location.
Statement 2: The movement is often over long distances and from one country to another.
Statement. 3: When people migrate from one country to another country it is known as external migration.
What are the major sources of human capital in a country?
The newly emerging jobs are found mostly in the ______ sector.
Which of the following points indicates that economic growth and infrastructure development are related to each other?
Benefits of physical capital accrue only to private entities, whereas human capital provides private as well as ______ benefits.
“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.
State with valid reason whether the following statement is true or false:
“Higher productivity and production are the outcome of investment in human resources.”
