Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
A person wants to know whether the educational institutions provide the right type of employable skills and at what cost. Which source of human capital formation does this fall under?
Options:
Education
Migration
Information
On the job training
Correct Answer:
Information
Explanation:
If a person wants to know whether the educational institutions provide the right type of employable skills and at what cost, he/she is spending on acquiring INFORMATION as a source of human capital formation.