ECONOMICS
HUMAN CAPITAL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Brain Drain
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Rising Population
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Insufficient job training
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All of Above
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Detailed explanation-1: -The rising population adversely affects the quality of human capital. It reduces the per capita availability of existing facilities. Regional and gender inequality lowers the human development level.
Detailed explanation-2: -Brain deplete Movement of exceedingly talented work named as brain drain slow down the method of human capital formation in an economy.
Detailed explanation-3: -Human Capital formation in India is the outcome of investments done by India in the domains of education, information, on-the-job training, health, and migration. Out of these, health and education are the most vital sources of human capital formation.
Detailed explanation-4: -Main problems of human capital formation in India are: Rising Population. Rapidly rising population adversely affects the quality of human capital formation in developing countries. It reduces per capita availability of existing facilities.
Detailed explanation-5: -Improper planning for human capital formation has resulted in a shortage of manpower in the health and education sectors. Elementary education takes a major share of total education expenditure in India. The level of unemployment among educated youth is the highest.