Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
Education expenditure is incurred by which of the following?
Options:
Private expenditure incurred by individuals
By philanthropic institutions
Government
All of above
Correct Answer:
All of above
Explanation:
Expenditure on the education sector can be of two types – public and private. The private expenditure on education is incurred by individuals and by philanthropic institutions. Public expenditure is done by the government.