Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

What is the goal regarding education expenditure as a percentage of GDP that is accepted as a must for the coming years in India?

Options:

2%

4%

6%

8%

Correct Answer:

6%

Explanation:

Compared to this desired level of education expenditure of around 6 per cent of GDP, the current level of a little over 4 per cent has been quite inadequate. In principle, a goal of 6 per cent needs to be reached—this has been accepted as a must for the coming years