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

Industrial sickness is a major area of concern for our country. Enumerate the various causes of industrial sickness.

In the former Soviet Union, the farmers used to pack fruits for sale with carelessness. They used to pack rotten fruits with fresh fruits, even after being aware that this would result in spoiling all the fruits.
Why according to you, did they act in such a manner?

State the main objectives of liberalisation policy.OR
Why is it said that NEP is liberal?

Read the passage given below and answer the following questions from 1 to 3.
The concept of human capital has relatively more importance in labour surplus countries. The surplus-labour in these countries is the human resource available in more abundance than the tangible capital resource. The problem of scarcity of tangible capital in the labour surplus countries can be resolved by accelerating the rate of human capital formation with both private and public investment in the education and health sectors of their national economies. The statistical indicator of estimating human development in each nation is Human Development Index (HDI). It is the combination of the “Life Expectancy Index”, “Education Index” and “Income Index”. Human capital is the backbone of human development and economic development in every nation.

1. In which countries concept of human capital is more important?

1. Labour surplus countries
2. Capital surplus countries
3. Both a) and b)
4. None of these

2. Which of the following statement is correct?

1. Human capital increase labour productivity, human development helps in making better choice in future.
2. Human capital helps in making a better choice in future, human development enhances labour productivity.
3. Human capital formation in end in itself, human development is a mean to an end that is increasing in labour productivity.
4. None of these

3. Which of the following is not the part of human development index?

1. Literacy
2. Liberty
3. Health
4. Income

Why were alternate marketing channels set up?

How do the following factors contribute to the environmental crisis in India? What problem do they pose for the government?
Reduction of forest coverage.

Mention the areas where China has an edge over India.

Explain the two components of infrastructure.

What are the two major sources of human capital in a country?

Commercial energy is mostly used for commercial purposes in factories, farms and 'commercial establishments'. In the context of above statement, describe three sources of energy which are mostly used in India for commercial purposes in factories.