Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Neha and Aman are friends who go to the same school. Neha's parents sends her to extra coaching classes and also gives her lessons on coding and webpage development separately.
Which of the following options is true in regards to the above statement?

Options:

Neha is an example of Human capital investment whereas Aman is not.

Aman is an example of Human capital investment whereas Neha is not.

More capital investment is done on Neha than Aman.

More capital investment is done on Aman than Neha.

Correct Answer:

More capital investment is done on Neha than Aman.

Explanation:

The correct answer is option 3: More capital investment is done on Neha than Aman.

Neha's parents are investing in her human capital by providing extra coaching classes and lessons in coding and webpage development. This represents a significant investment in her skills and education. The statement implies that Neha is receiving more investment in her human capital compared to Aman, who is not described as receiving similar investments except her regular schooling.