Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
What does using people as a resource mean?
Options:
country’s natural capital in terms of their existing productive skill
country’s human capital in terms of their existing productive skill
country’s overall capital in terms of their existing productive skill
country’s technical capital in terms of their existing productive skill
Correct Answer:
country’s human capital in terms of their existing productive skill
Explanation:
Human Capital is always evolving with respect to skills, education, and health. For the purpose of measurement, the existing productive skill sets are considered.