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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

Both are equally immobile

Correct Answer:

Physical capital

Explanation:

The correct answer is Option 1: Physical capital

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.

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