MCQ Questions for Class 12 Economics Chapter 5 : Chapter 5 “Human Capital Formation in India” MCQ Questions for Class 12 Economics with Answers PDF Free Download here according to the latest CBSE syllabus and NCERT curriculum.
MCQ Questions for Class 12 Economics Chapter 5 Human Capital Formation in India with PDF
Here CBSE RBSE and Other State Board NCERT Objective MCQ Questions of Class 12 Economics Chapter 5 “Human Capital Formation in India” with Answers Pdf will guide students to do a quick revision for all chapter.
Q1. Which of the following is not a merit of human capital formation?
(A) Improves technical knowledge
(B) Enlarges the size of business
(C) Increases cost of production
(D) Changes social outlooks
(C) Increases cost of production
Q2. Match and choose the correct combination.
(i) Preventive medicine (A) medical intervention during illness
(ii) Curative medicine (B) vaccination
(iii) Social medicine (C) the spread of health literacy
(A) (i) – (B); (ii) – (A); (iii) – (C)
(B) (i) – (A); (ii) – (B); (iii) – (C)
(C) (i) – (C); (ii) – (B); (iii) – (A)
(D) (i) – (B); (ii) – (C); (iii) – (A)
(A) (i) – (B); (ii) – (A); (iii) – (C)
Q3. 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
(B) Life expectancy
Q4. Which of the following institutes comes under the health sector?
(A) NCERT
(B) UGC
(C) AICTE
(D) ICMR
(D) ICMR
Q5. Which level of education takes a major share of total education expenditure in India?
(A) Elementary
(B) Secondary
(C) Higher
(D) Tertiary
(A) Elementary
Q6. What was the share of education in total government expenditure in 2014?
(A) 7.92 percent
(B) 15.7 percent
(C) 0.64 percent
(D) 3.31 percent
(B) 15.7 percent
Q7. 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
(C) 0.64 percent
Q8. When was Right to Education Act enacted?
(A) 2008
(B) 2009
(C) 2010
(D) 2012
(B) 2009
Q9. What was the average youth literacy rate in 2015?
(A) 89.5 percent
(B) 74 percent
(C) 88 percent
(D) 95.5 percent
(A) 89.5 percent
Q10. 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
(D) Enhances productivity
Q11. Human capital formation is a _ process.
social
Q12. Individuals invest in education with the objective of increasing their future __
Income
Q13. _ is the reason for the rural-urban migration in India.
Unemployment
Q14. __ capital is completely mobile between countries.
Physical
Q15. Economic growth means the __ in real national income of a country
increase
Q16. Human capital considers education and health as a means to increase ___
productivity
Q17. Higher-income causes building of high level of __ capital.
human
Q18. India has the potential to become a leading _ economy.
knowledge-based
Q19. _ is the prime funding authority for university education.
UGC
Q20. Expenditure per student in _ education is higher than that of elementary.
tertiary
Q21. Education and health are the two major sources of human capital in a country.
True
Q22. Preventive medicine includes medical practices which are designed to avoid or avert diseases.
True
