Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Topic

Economics

Question:

Investment in the humans to make them an asset for the nation is called as which of the following?

Options:

Human development methods

Human enhancement techniques

Human capital formation

None of the above

Correct Answer:

Human capital formation

Explanation:

When the existing 'human resource' is further developed by becoming more educated and healthier i.e. investment is made in them, we call it 'human capital formation' that basically adds to the productive power of the country just like 'physical capital formation'.