ECONOMICS
HUMAN CAPITAL
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
40
|
|
30
|
|
25
|
|
20
|
Detailed explanation-1: -Conclusions from Graph 1 : Over the 40 years between 1973-74 and 2013-14, the production in all the three sectors has increased. However, it has increased the most in the tertiary sector. As a result, in 2013-14, the tertiary sector has emerged as the largest producing sector in India replacing the primary sector.
Detailed explanation-2: -World Bank retains 7.6% growth rate for India in 2016-17 | Business Standard News.
Detailed explanation-3: -It brings down birth rates that helps in reducing the population growth rate. Similarly, an educated person will actively take part in various government schemes and policies. They help in overcoming various challenges faced by the economy.
Detailed explanation-4: –It enables one to make better choices in life; -It provides knowledge to understand the changes taking place in society; -It also stimulates innovations; -It facilitates the adaptation of new technologies.