Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

______ is not a part of Health expenditure.

Options:

Preventive medicine

On the job training

Curative medicine

Provision of clean drinking water

Correct Answer:

On the job training

Explanation:

The correct answer is Option (2) → On the job training

Preventive medicine (vaccination), curative medicine (medical intervention during illness), social medicine (spread of health literacy) and provision of clean drinking water and good sanitation are the various forms of health expenditures. Health expenditure directly increases the supply of healthy labour force and is, thus, a source of human capital formation.

This is related to skill development and education in the workplace.