Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Investment in education, health, migration and information are the sources of :

Options:

Physical capital formation

Human capital formation

Economic growth

Productivity

Correct Answer:

Human capital formation

Explanation:

Investment in education is considered as one of the main sources of human capital. There are several other sources as well. Investments in health, on- thejob training, migration and information are the other sources of human capital formation.