Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Choose correct pair. 

 

Options:

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

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

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

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

Correct Answer:

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

Explanation:

Resource is converted into capital. By investment in a physical resource like land, it can be converted into physical capital. Human resource like a student, upon education and training, can be converted into human capital like a doctor or an engineer.