ECONOMICS (CBSE/UGC NET)

ECONOMICS

HUMAN CAPITAL

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one of the following is a reason for poor human capital formation in India?
A
Brain drain
B
Low growth of population
C
Insufficient resources
D
All of these
Explanation: 

Detailed explanation-1: -Q.2. What are the problems of human capital formation in India? The rising population adversely affects the quality of human capital. It reduces the per capita availability of existing facilities.

Detailed explanation-2: -Expert-verified answer Quickly rising populace unfavorably influences the quality of human capital arrangement in creating nations. It diminishes per capita accessibility of existing facilities.

Detailed explanation-3: -(v) High Poverty Levels: A large proportion of the population lives below the poverty line and do not have access to basic health and educational facilities. A large section of society cannot afford to get higher education or expensive medical treatment for major diseases.

Detailed explanation-4: -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.

There is 1 question to complete.