Which of the following statement is true?

1. Major share of education expenditure goes to higher education.
2. No education cess is imposed by the government on all union taxes.
3. Human development is based on the idea that education and health are integral to human well-being.
4. Education and literacy can be used as synonyms of each other.

_______is/ are an important factor of human capital formation as it results in enhanced labour productivity:

1. Education.
2. On-the-job training.
3. Migration.
4. All of these.

Before introducing new technology, a firm provides the basic skills to the workers regarding its usage. This is which source of human capital formation?

1. Study programme for adults.
2. On the job training.
3. Expenditure on Information.
4. Investment in education.

How investment in education stimulate economic growth? Select from the following:

1. It helps to develop responsible citizens.
2. It helps in development of science and technology.
3. It helps in the optimum utilisation of natural, physical and financial resources.
4. All of the above.

If a worker absents herself/ himself for long due to ill health, it will affect his/ her:

1. Job security.
2. Wage/ income.
3. Productivity.
4. All the above.

Recently, Government of India has started levying a _____ %‘Education Cess' on all union taxes.

1. 1%
2. 2%
3. 3%
4. 4%

_______ is an educationally backward state.

1. Kerala.
2. Goa.
3. Bihar.
4. Mizoram.

Expenditure on information and technology is a part of human capital expenditure as a result, India is known as knowledge economy due to development of:

1. Education sector.
2. Financial sector.
3. Health sector.
4. IT sector.

The major share of total education expenditure is taken by:

1. Elementary education.
2. Higher education.
3. Secondary education.
4. Technicaleducation.

Which of the following statements is true?

1. Physical capital and human capital both are mobile.
2. Physical capital and human capital both can be separated from their owners.
3. Physical capital and human capital both can be created through efforts.
4. Physical capital and human capital both can be built by imports.