EDUCATION UGC NET
EDUCATIONAL POLICIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Federal Government does not have resources to fulfil their needs
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Provincial Government does not have sources to fulfil their needs
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The Higher Education Commission is running out of funds
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None of the above mentioned
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Detailed explanation-1: -Ordinarily, the sources of revenue for education are central and state government grants, allotments of local bodies and private bodies, tuition fees, education cess, income from school funds, endowments, gifts etc.
Detailed explanation-2: -(ii) Higher expenditure on education is expected to boost skill formation in the country. It facilitates the use of new technology. Application of new technology would raise the level of potential output. PPC of the economy would shift to the right.
Detailed explanation-3: -Both the central and state governments spend on education. The central government contributes to education in two ways: through centrally sponsored schemes and central sector schemes.
Detailed explanation-4: -The Bottom Line A financial crisis occurs when asset prices drop steeply, businesses and consumers cannot pay their debts, and financial institutions experience liquidity shortages.