Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Match statements in column I with correct statements in column II.

Options:

i-b, ii-a, iii-d, iv-c

i-b, ii-a, iii-c, iv-d

i-b, ii-c, iii-a, iv-d

i-b, ii-d, iii-c, iv-a

Correct Answer:

i-b, ii-a, iii-c, iv-d

Explanation:

Human capital treats human beings as a means to an end, end being increase in labour productivity. Human development aims at human welfare. Economic growth means the increase in national output/national income. A country can be transformed into knowledge economy using more of IT (Information Technology).