This quiz works best with JavaScript enabled. Home > Economics > Human Capital > General > Human Capital – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 1 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is the literacy rate of India in 2020? A) 87.7%. B) 78.7%. C) 88.7%. D) 77.7%. Show Answer Correct Answer: D) 77.7%. 2. ..... can be used to make coins A) Dimonds. B) Coal. C) Gold. D) Iron. Show Answer Correct Answer: C) Gold. 3. According to World Bank, the per capita income of India will increase from ..... to ..... in 2020 A) US $ 2000 to US$ 4000. B) US $ 1000 to US $ 3000. C) US $ 3000 to US $ 5000. D) None of the above. Show Answer Correct Answer: B) US $ 1000 to US $ 3000. 4. Capital refers to A) Resource. B) Flexible. C) That part which is invested for further production. D) All of the above. Show Answer Correct Answer: C) That part which is invested for further production. 5. What are Human Resources? A) A group of people work together for something. B) The resources for people. C) A person manages a company. D) None of above. Show Answer Correct Answer: A) A group of people work together for something. 6. Which countries make women pay to go to school A) Afirca and Asia. B) Uk and Russia. C) Germany and Italy. D) None of above. Show Answer Correct Answer: A) Afirca and Asia. 7. ..... is used to make pots and pans A) Salt. B) Coal. C) Diamonds. D) Copper. Show Answer Correct Answer: D) Copper. 8. What does conserving resources mean? A) Use as much of the resources as you can. B) Only use the resources at school. C) Protecting the resource so it does not run out. D) None of above. Show Answer Correct Answer: C) Protecting the resource so it does not run out. 9. Animals like goats are examples of ..... A) Natural resources. B) Human resources. C) Capital resources. D) None of the above. Show Answer Correct Answer: A) Natural resources. 10. These resources are goods produced and used to make other goods and services. A) Capital Resources. B) Natural Resources. C) Human Resources. D) None of above. Show Answer Correct Answer: A) Capital Resources. 11. Human capital is ..... A) The skills, knowledge, and experience possessed by an individual. B) Money earned. C) The work a person does. D) None of above. Show Answer Correct Answer: A) The skills, knowledge, and experience possessed by an individual. 12. A person becomes a human resource when he/she A) Is willing to work. B) Belongs to particular age group. C) Is able to work. D) All of the above. Show Answer Correct Answer: D) All of the above. 13. Human capital brings about quantitative improvement in the labour force. The given statementis A) True. B) False. C) Partially true. D) Can't comment. Show Answer Correct Answer: A) True. 14. Which one of the following is the problem of poverty alleviation Programmes? A) Lack of resources. B) Improper implementation. C) Lack of infrastructure. D) All of the above. Show Answer Correct Answer: D) All of the above. 15. PEOPLE BECAME HUMAN RESOURCE THROUGH ..... A) SOUND HEALTH. B) TECHNICAL EDUCATION. C) GOOD FOOD. D) WIDE TRAVELLING. Show Answer Correct Answer: B) TECHNICAL EDUCATION. 16. When did RTE ACT come into force? A) 1st April 2011. B) 1st April 2010. C) 1st April 2009. D) 1st April 2012. Show Answer Correct Answer: B) 1st April 2010. 17. Which of these is not a form of health expenditure? A) Vaccinations. B) Sanitation. C) Health literacy. D) Counselling. Show Answer Correct Answer: D) Counselling. 18. A person becomes a human resource when he or she ..... A) Is willing to work. B) Is able to work. C) Belongs to a particular age group. D) All of the above. Show Answer Correct Answer: D) All of the above. 19. Why is STEM important for students? A) To be creative. B) STEM is involved in almost all circus. C) STEM is involved in almost all careers. D) It's fun. Show Answer Correct Answer: C) STEM is involved in almost all careers. 20. ..... are goods produced and used to make other goods or services A) Natural resource. B) Human resource. C) Capital resource. D) None of above. Show Answer Correct Answer: C) Capital resource. 21. What is an example of a capital resource? A) Teacher. B) Fish. C) Fishing pole. D) River. Show Answer Correct Answer: C) Fishing pole. 22. What percentage of GDP should be spent on education as recommended by the Education Commission (1955) A) 7%. B) 6%. C) 5%. D) 4%. Show Answer Correct Answer: B) 6%. 23. Which one is not a natural resource? A) Air. B) Water. C) Play dough. D) Plants. Show Answer Correct Answer: C) Play dough. 24. What are the things we find in nature that can be used by people? A) Natural resources. B) Human resources. C) Capital resources. D) None of above. Show Answer Correct Answer: A) Natural resources. 25. What are the 2 types of Human Captial A) Experience and Self-Taught. B) Money and no money. C) Product and good. D) Experience and degree. Show Answer Correct Answer: A) Experience and Self-Taught. 26. Physical Capital is A) Tangible. B) Easily Sold in the market. C) (a) and (b). D) None of the above. Show Answer Correct Answer: D) None of the above. 27. People become resources through ..... A) Wide Travelling. B) Technical Education. C) Sound Health. D) Good Food. Show Answer Correct Answer: B) Technical Education. 28. ..... refers to the stock of skills and expertise of a nation at a given point of time. A) Education Capital. B) Human Capital. C) Health Capital. D) Resource Development. Show Answer Correct Answer: B) Human Capital. 29. Investment in ..... is considered as one of the main sources of human capital A) Education. B) Health. C) On job-training. D) All the above. Show Answer Correct Answer: A) Education. 30. What is Human Capital? A) Money Assets of a Company. B) Immigration of people into America. C) Treating yourself to a nice dinner. D) A worker's skill, knowledge, and experience. Show Answer Correct Answer: D) A worker's skill, knowledge, and experience. Next →Related QuizzesHuman Capital QuizzesEconomics QuizzesHuman Capital Quiz 2Human Capital Quiz 3Human Capital Quiz 4Human Capital Quiz 5Human Capital Quiz 6Human Capital Quiz 7Human Capital Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books