Human Capital Formation In India — Economics STD 12 Commerce — Question

Examine the role of education in the economic development of a nation.
OR
'Education plays a significant role in economic development'. Discuss.

'Industrial licensing and industrial sops were used to promote regional equality.' Discuss.

Why are the small scale and cottage industries important in the development of Indian economy?

Why was public sector given a leading role in industrial development during the planning period?

Give a chronology of different Five Year Plans of India.

Read the passage given below and answer the following questions from 1 to 4.
The economic and social benefits of human capital formation and human development are well known. The union and state governments in India have been earmarking substantial financial outlays for the development of education and health sectors. The spread of education and health services across different sectors of society should be ensured so as to simultaneously attain economic growth and equity. India has a rich stock of scientific and technical manpower in the world. The need of the hour is to better it qualitatively and provide such conditions so that they are utilized in our own country.

1. For a improved health status of the country, family planning is quit essential. Which of the following is the main reason for family planning?

1. For birth control issues
2. For having unwanted pregnancies
3. For having child every year
4. To get pregnant before the age of twenty

2. What percentage of GDP is contributed towards health and educatoin sectors in India respectivley.

1. 1.8% and 4.6% respecively
2. 5.4% and 3.4% respectively
3. 7% and 7.4% respectively
4. 6% and 6.4% respectively

3. __ is not an indicator which measures the education status of the country?

1. year os schooling
2. Life expectancy
3. Teacher pupil ratio
4. Net attendance ratio

4. Health status of a country is relfected by indicators such as birth rate, death rate, infant mortality rate, maternal mortality rate, life expectancy etc. The given statement is?

1. True
2. False
3. Partially true
4. Can’t comment

Differentiate between Self Reliance and Self Sufficiency.

What was the impact of development and construction of railways by the British rulers on Indian economy?

Some infrastructural facilities have a direct impact on production of goods and services while others give indirect support by building the social sector of the economy. Using above information, differentiate between social and economic infrastructure.

What was the effect of the systematic de industrialisation policy followed by the British?