Human Capital Formation in India
This worksheet covers the concepts of human capital, its sources, its distinction from human development, and the state of the education sector in India. Total: 40 marks.
Section A: Fill in the Blanks [20 Marks]
Complete the following sentences with the correct word or phrase based on the provided text.
Investment in ________ is considered as one of the main sources of human capital.
The labour skill of an educated person is more than that of an ________ person.
The availability of an educated labour force facilitates adaptation of new ________.
Expenditure on ________ is an important source of human capital formation as it reduces loss of productivity from illness.
Medical intervention during illness is a form of health expenditure known as ________.
Section B: Multiple Choice Questions [20 Marks]
Choose the correct answer for each question.