This quiz works best with JavaScript enabled. Home > Economics > Human Capital > General > Human Capital – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 2 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. ..... are from nature and are used in their natural form A) Natural resource. B) Human resource. C) Capital resource. D) None of above. Show Answer Correct Answer: A) Natural resource. 2. ..... can be in your barbecue grill A) Gold. B) Copper. C) Coal. D) Iron. Show Answer Correct Answer: C) Coal. 3. ..... five-year plan recognised the importance of Human capital. A) Sixth. B) Seventh. C) Third. D) Eight. Show Answer Correct Answer: B) Seventh. 4. Under the National Food for Work Programme, how can the wages be paid to the workers? A) In the form of food. B) In the form of cash. C) Neither cash nor food. D) Partly in cash and partly in food. Show Answer Correct Answer: A) In the form of food. 5. Brian is a mechanic. Which of the following ways can he increase his Human Capital? A) Working on multiple cars at the same time. B) Asking his employer for a raise. C) Attending classes to improve his skills. D) Hoping for a promotion without actually in any of the work. Show Answer Correct Answer: C) Attending classes to improve his skills. 6. ..... can be used to rinse your mouth to stop bleeding or goggle when you have a sore throat A) Coal. B) Salt. C) Gold. D) Copper. Show Answer Correct Answer: B) Salt. 7. What is female Primary Education Completion rate in 2015? A) 100%. B) 98%. C) 99%. D) 95%. Show Answer Correct Answer: C) 99%. 8. How many types of resources are there? A) 5. B) 2. C) 3. D) 1. Show Answer Correct Answer: C) 3. 9. How might your current Human Capital differ from your future Human Capital? A) Your level happiness. B) How much you are currently being paid. C) You have less skills and work experience. D) Your boss being fired/quitting. Show Answer Correct Answer: C) You have less skills and work experience. 10. Which medicine is related to Spreading the health literacy is a part of expenditure on health for human capital Formation? A) Social Medicine. B) Preventive Medicine. C) Curative Medicine. D) All of these. Show Answer Correct Answer: A) Social Medicine. 11. It means a major proportion of the increasing labour force in the agricultural sector needs to find alternate employment opportunities in other nonfarm sectors. A) Rural Development. B) Agricultural Diversification. C) Agriculture POLICY. D) Product Development. Show Answer Correct Answer: B) Agricultural Diversification. 12. What is full form of AICTE A) All India Council of Training Expenditure. B) All India Council of Technical Education. C) All India Commission for Teacher Education. D) All India Council for Training and Expenditure. Show Answer Correct Answer: B) All India Council of Technical Education. 13. Increased education and training within a nation will most likely result in A) An increase in Gross Domestic Product (GDP). B) A decrease in entrepreneurship. C) A decrease in Gross Domestic Product (GDP). D) An increase in the presence of natural resources. Show Answer Correct Answer: A) An increase in Gross Domestic Product (GDP). 14. What is a capital resource? A) Something that comes from nature. B) A sweater. C) A service by a human. D) A good or tool used to make others. Show Answer Correct Answer: D) A good or tool used to make others. 15. What is an example of a natural resource? A) Lake. B) Hammer. C) Fisherman. D) House. Show Answer Correct Answer: A) Lake. 16. What problem would a country try to address by increasing investments in human capital? A) High rate of unemployment. B) Lack of natural resources. C) Lack of foreign trading partners. D) High level of government regulation. Show Answer Correct Answer: A) High rate of unemployment. 17. A flag pole is a A) Natural resource. B) Human resource. C) Capital resource. D) None of above. Show Answer Correct Answer: C) Capital resource. 18. The government of India is leving a ..... percent education cess on all the union taxes for spending on elementary education. A) 12 percent. B) 2 Percent. C) 10 percent. D) 5 percent. Show Answer Correct Answer: B) 2 Percent. 19. Goods/tools 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. 20. Which of these is not a source of Human Capital A) On-the-job training. B) Job market information. C) Migration. D) Cultural Institutions. Show Answer Correct Answer: D) Cultural Institutions. 21. Which of these would be the LEAST LIKELY to increase human capital? A) Involving parents in their children's education. B) Improving access to health care in rural areas. C) Increasing the cost of tuition at public colleges. D) Offering free training seminars for employees. Show Answer Correct Answer: C) Increasing the cost of tuition at public colleges. 22. Which action would MOST LIKELY result in a higher income? A) Graduating from college. B) Buying a new car. C) Living in a small town. D) Lending a friend money. Show Answer Correct Answer: A) Graduating from college. 23. Michael used his tractor to make bales of hay. His tractor is a ..... A) Commercial resource. B) Natural resource. C) Human resource. D) Capital resource. Show Answer Correct Answer: D) Capital resource. 24. Human capital is called an investment that brings which of the following? A) Qualitative improvement in labour. B) Quantitative improvement in labour. C) Both A and b. D) None of them. Show Answer Correct Answer: C) Both A and b. 25. *Skills of citizens*Health of citizens*Education of citizens*Values of citizensWhat do these factors MOST LIKELY represent? A) Literacy rate. B) Life expectancy rate. C) Economic investment. D) Human capital. Show Answer Correct Answer: D) Human capital. 26. Human capital consists of A) Entrepreneurs. B) Entire population. C) Workers. D) Both workers and entrepreneurs. Show Answer Correct Answer: B) Entire population. 27. When we dig and find gold underground, we are finding what type of resouce? A) Human resource. B) Capital resource. C) Weather resource. D) Natural resource. Show Answer Correct Answer: D) Natural resource. 28. Minerals are used in our everyday lives A) Never. B) Sometimes. C) True. D) False. Show Answer Correct Answer: C) True. 29. Which of the following is/are examples of physical capital? A) Machine. B) Skill. C) Building. D) Both 1 and 3. Show Answer Correct Answer: D) Both 1 and 3. 30. India is an agricultural country and ..... population depends on the agricultural sector directly or indirectly A) Half. B) Three forth. C) One forth. D) One third. Show Answer Correct Answer: D) One third. ← PreviousNext →Related QuizzesHuman Capital QuizzesEconomics QuizzesHuman Capital Quiz 1Human 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