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 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.

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

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

Which of the following is an indicator of education attainments?

1. Gross enrollment ratio.
2. Literacy rate.
3. Drop-out ratio.
4. All of the above.

Which capital treats human beings as a means to an end?

1. Physical Capital.
2. Financial Capital.
3. Human Capital.
4. None of the above.

Education cess is levied on:

1. Income tax.
2. Sales Tax.
3. Union Taxes.
4. State Taxes.

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.

When was The Tapas Majumdar Committee appointed by the government?

1. 1995
2. 1996
3. 1997
4. 1998

The Adult Literacy Rate among females in India in the year 2000 was:

1. 68.4 percent.
2. 61.9 percent.
3. 45.4 percent.
4. 37.9 percent.

NCERT stands for:

1. National Council for Entertainment, Refreshment and Teaching.
2. National Career in Education, Research and Training.
3. National Council for Educational Research and Training.
4. National Council for Education, Research and Training.