Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

What isthe status of the expenditure on elementary education compared to tertiary education in India?

Options:

The government spends more on tertiary education.

Tertiary education receives the highest share of total education expenditure.

Tertiary education is neglected in terms of government spending.

Expenditure per student in tertiary education is lower than that in elementary education.

Correct Answer:

Tertiary education is neglected in terms of government spending.

Explanation:

Elementary education takes a major share of total education expenditure and the share of the higher/tertiary education (institutions of higher learning like colleges, polytechnics and universities) is the least (which suggests neglected in terms of government spending). Though, on an average, the government spends less on tertiary education, ‘expenditure per student’ in tertiary education is higher than that of elementary. This does not mean that financial resources should be transferred from tertiary education to elementary education.