In India, education sector is regulated by:

1. Ministry of education.
2. NCERT.
3. UGC and AICTE.
4. All the above.

The stock of skill and expertise of nation at a point of time is called:

1. Human capital.
2. Human development.
3. Human capital formation.
4. Physical capital.

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

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

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.

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.

Which of the following is an institution to regulate health sector?

1. NCERT
2. ICMR
3. UGC
4. AICTE

_______ is an educationally backward state.

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

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.

What is the full form of NCERT?

1. National Council of Education Research and Training.
2. National Council of Eduaction Research and Teaching.
3. National Centre of Education Research and Training.
4. National Centre of Education Research and Teaching.

Expenditure on education is a source of:

1. Physical capital formation.
2. Human capital formation.
3. Both of the above.
4. None of the above.