Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Acquiring information about labour market, education, health etc. helps in efficient utilisation of the acquired human capital stock.

Which of the following option is true in regards to the above statement?

Options:

The statement is true

The statement is false

The statement is partially true

Can’t say anything about the statement

Correct Answer:

The statement is true

Explanation:

The correct answer is Option 1: The statement is true

Acquiring information about the labor market, education, health, and other related areas indeed helps in the efficient utilization of human capital. This information allows individuals to make informed decisions about their careers, education, and health, ultimately leading to better use of their skills and capabilities.