BANKING AFFAIRS

Detailed explanation-1: -What is human capital? Human capital can be broadly defined as the stock of knowledge, skills and other personal characteristics embodied in people that helps them to be productive.

Detailed explanation-2: -Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality. As such, it is an intangible asset or quality that isn’t (and can’t be) listed on a company’s balance sheet.

Detailed explanation-3: -Human capital refers to the knowledge, skill sets, and experience that workers have in an economy.

Detailed explanation-4: -Human capital refers to the stock of skill, ability, expertise, education, and knowledge in a nation at a point of time. We need investment in human capital to produce more human capital out of human resources. Nations require adequate human capital who are educated and qualified as educators and other specialists.