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Human Capital Formation MCQ Questions And Answers

Human Capital Formation MCQs : This section focuses on the "Human Capital Formation" - Economics Class 11. These Multiple Choice Questions (MCQs) should be practiced to improve the Economics Class 11 skills required for various interviews (campus interview, walk-in interview, company interview), placement, entrance exam and other competitive examinations.

Question 1

__________ is recognised as one of the main sources of human capital.

A. Music
B. Education
C. Movies
D. Sports

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Question 2

The most powerful way to improve and expand the fruitful workforce in the state is by __________ up the education system.

A. nourishing
B. building
C. nourishing and building
D. All of the above

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Question 3

The second major source of human capital formation is the?

A. Education
B. Sports
C. Health
D. None of the above

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Question 4

To increase the labour productivity, many companies provide __________.

A. leave
B. training
C. health benefits
D. hike

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Question 5

Which of the following are problems of Human Capital Formation?

A. Growth in population
B. Long process
C. Insufficient on-job training
D. All of the above

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Question 6

Example of On-the-job Training is?

A. in-house training
B. training under a skilled supervisor
C. off-campus training
D. All of the above

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Question 7

How many factors affect the human development skill?

A. 1
B. 2
C. 3
D. 4

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Question 8

Which of the following helps in the growth of the economy?

A. Expenditure on education
B. Expenditure on health
C. Training
D. Migration

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Question 9

The rapid rise of the population can influence the grade of human capital formation, mostly in developing countries. 

A. Yes
B. No
C. Can be yes or no
D. Can not say

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Question 10

Information associated with education and health can be achieved by spending money.

C. Can be true or false
D. Can not say

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