Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Depreciation of machines _______ be reduced whereas depreciation of human capital ______ be reduced.

Which of the following option suits best in the above blank?

Options:

Can, can’t

Can’t, can

Can, can

Can’t, can’t

Correct Answer:

Can’t, can

Explanation:

Depreciation of machines cannot be reduced whereas depreciation of human capital can be reduced. In the case of human capital, depreciation takes place with ageing but can be reduced, to a large extent, through continuous investment in education, health, etc.