12th Class Economics Human Capital Formation In India Question Bank

done Assertion - Reason - Human Capital Formation in India Total Questions - 14

• question_answer1)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative. Assertion (A): The Kendriya Vidyalaya Sangathan was set up in 1966.

  Reason (R): The Kendriya Vidyalaya Sangathan was set up in 1965.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer2)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): The Apex body in the field of Medical research is AICTE.

  Reason (R): The Apex body in the field of Medical research is Indian Council of Medical Research (ICMR).

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer3)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): NCERT is responsible for course upto graduation level

  Reason (R): NCERT is responsible for course upto senior secondary level.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer4)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Physical Capital (like machinery) cannot be separated from its owner.

  Reason (R): Physical Capital (like machinery) can be separated from its owner.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer5)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Due to brain-drain the talented, skilled, competent, scientist, doctors, engineers, et(c) are shifted from India to other developed countries of the world.

  Reason (R): It is so because they get better salary & better facilities in other developed countries of the worl(d) This slow down the process of HCF in country.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer6)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Education contributes to economic growth.

  Reason (R): Education confers higher earning capacity on people.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer7)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Expenditure on migration is a source of human capital formation.

  Reason (R): Migration to other countries involves cost of transportation from one place to another and higher cost of living in the migrated places.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer8)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Both education and health increases the income generating capacity of an individual.

  Reason (R): Contribution of an educated and healthy person to the economic growth is more than that of an illiterate and unhealthy person.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer9)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): The facilities for the formation of human capital have remained adequate.

  Reason (R): The resources allocated to human capital formation have been much less than the resources required.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer10)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): On-the-job training is a source of human capital formation.

  Reason (R): After on-the-job training of employees, firm insist that the workers should work for a specific period of time.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer11)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Spread of education is necessary to control the population growth rate.

  Reason (R): Human Capital Formation decrease quality of life.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer12)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): Human Capital Formation is required for effective use of physical capital.

  Reason (R): Formation of human capital raises life expectancy of the people.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer13)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A): We need good human capital to produce other human capital (say, doctors, engineers etc)). It means that we need investment in human capital to produce more human capital out of human resources.

  Reason (R): Investments in education, in health, on-the-job training, migration and information are the sources of human capital formation as this expenditure increases efficiency of human resources.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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• question_answer14)

  Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.

  Assertion (A) : Expending on education and health make substantial long – term impact and they cannot be easily reversed, hence government intervention is essential to ensure that private providers of these services adhere to the standards stipulated by the government and charge the correct price.

  Reason (R): Individual consumers of education and health services do not have complete information about the quality of these services and their costs. In such situation, the providers of these services acquire monopoly power and are involved in exploitation.

  A)
  Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A). done clear
  B)
  Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A). done clear
  C)
  Assertion (A) is true but Reason (R) is false. done clear
  D)
  Assertion (A) is false but Reason (R) is true. done clear
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