Liberalisation, Privatisation And Globalisation — Economics STD 12 Humanities & Commerce — Question

Read the passage given below and answer the following questions from 1 to 4.
Human capital, intangible collective resources possessed by individuals and groups within a given population. these resources include all the knowledge, talents, skills, abilities, experience, intelligence, training, judgment, and wisdom possessed individually and collectively, the cumulative total of which represents a form of wealth available to nations and organizations to accomplish their goals. The concept of human capital stems from the economic model of human resource capitalism, which emphasizes the relationship between improved productivity or performance and the need for continuous and long-term investments in the development of human resources. Investments in human capital are viewed as affecting national and global economic performance or, more narrowly, where investments in people are viewed as crucial to organization performance. For an organization, this model suggests that high productivity and performance depend on developing learning systems that reflect the commitment of an organization to its human resources. As a result, ongoing investments in training, skill development, and job enrichment engender a reciprocal commitment among members to organizational goals and objectives.

1. The stock of skill and expertise of a nation at a point of time is called _Capital.

1. Real
2. Physical
3. Human
4. None of these

2. Which of the following is not a source of Human Capital Formation?

1. Education
2. Saving
3. Health
4. Information

3. _is based on the idea that education and health are integral to human well-being.

1. Economic Development
2. Human Development
3. Social Growth
4. None of these

3. __________ is/ are the reason for rural-urban migration in India.

1. Unemployment
2. Health facilities
3. Money
4. All of these

How has Tamil Nadu Women in Agriculture (TANWA) encouraged women to participate in raising agricultural productivity?

Read the passage given below and answer the following questions from 1 to 4.
India has seen a long and rich history of handicrafts. Years and years of evolution and refinement have made it possible for India to retain a coveted spot in the handicrafts landscape of the world. Where the ancients were exemplary in their craft, the contemporary craftsmen are adept in using the knowledge of the ancients by adding modem craft techniques to them. They have carefully preserved this age - old art that represents dignity, style and beauty of the Indian culture.
Voyaging through the lanes of Indian handicrafts is a tempestuous affair. There are seen striking ups and downs throughout the late 2000s, had a grave impact on handicrafts industry.
Despite the growth of handicraft industry in India and the measures taken by the government to promote handicrafts, the average earning of a craftsman when compared to that of other fields is very low. Hence, the younger generation is moving to other fields with only the elder craftsmen being left behind. The country needs younger generation of craftsmen to carry on the tradition of handicrafts, and this is only possible by ensuring the assistance of craftsmen to improve their techniques, availability of quality raw materials, direct marketing channels, credit and better wages and providing them with socio-economic benefits.
Source: The statesman.com Nov. 1, 2018

1. India had a world wide reputation of..........?

1. Handicrafts
2. Landscape
3. Labour
4. None of these

2. To preserve handicrafts industry and to promote it the country should encourage younger generation of craftsmen helping them with:

1. availability of quality raw materials
2. better wages
3. direct marketing channels
4. All of the above

3. During British rule Indian handicrafts were discouraged by ......... on their exports.

1. Removal of Rajas
2. Nawabs
3. Giving subsidies
4. None of these

4. Decay of indigenous handicrafts during British rule was due to:

1. introduction of discriminatory tariff policy
2. Industrial Revolution in Britain
3. commercialisation of agriculture
4. Both [a] and [b]

Compared to urban women, more rural women are found working. Why?

What is Green Revolution? Critically discuss its success.

'The railways affected the structure of the Indian economy positively, as well as negatively.' Discuss.

Why were the navaratna companies formed originally?

A skilled worker like software professional generates more income than an unskilled worker. Why?

Which are the priority issues related to environment that concern India today?

Why is it necessary to became a member of WTO?