Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Which of the following type of capital is more mobile?

Options:

Physical capital

Human capital

Both are equally mobile

Don’t know

Correct Answer:

Physical capital

Explanation:

Physical capital is completely mobile between countries except for some artificial trade restrictions. Human capital is not perfectly mobile between countries as movement is restricted by nationality and culture.