This quiz works best with JavaScript enabled. Home > Economics > Human Capital > General > Human Capital – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 5 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which one of the following is source of non instituional creditt A) Landlords. B) Village traders. C) Money lenders. D) All of these. Show Answer Correct Answer: D) All of these. 2. Which of the following is NOT a characteristic of Human Capital? A) A person's experience. B) A person's health. C) A person's financial wealth. D) A person's education level. Show Answer Correct Answer: C) A person's financial wealth. 3. People working to produce goods and services are ..... A) Human resources. B) Capital resources. C) Indians. D) Employers. Show Answer Correct Answer: A) Human resources. 4. Water is an example of a ..... resource? A) Weather. B) Natural. C) Human. D) Capital. Show Answer Correct Answer: B) Natural. 5. By which year the government was aiming to meet the Millennium Development Goals including the rate of global poverty? A) 2009. B) . 2017. C) 2013. D) 2015. Show Answer Correct Answer: D) 2015. 6. Stocks and shares of the companies are known as ..... A) Financial capital. B) Physical capital. C) Human capital. D) None of these. Show Answer Correct Answer: A) Financial capital. 7. From the following which in not a source of human capital: A) On-the job training. B) Migration. C) Investment in education. D) None of the above. Show Answer Correct Answer: D) None of the above. 8. What does AICTE stand for? A) .All India Council for Technology Education. B) All India Council for Technical Education. C) .All India Commission for Technology Education. D) . All India Commission for Technical Education. Show Answer Correct Answer: D) . All India Commission for Technical Education. 9. How are soil, water, and rocks the same? A) They are man-made resources. B) They are used for food. C) They are natural resources. D) None of above. Show Answer Correct Answer: C) They are natural resources. 10. The ..... Year Plan recognized the importance of Human Capital A) Seventh. B) First. C) Fourth. D) Eighth. Show Answer Correct Answer: A) Seventh. 11. A natural resource is ..... A) A resource created by humans. B) A resource that come from the Earth. C) A resource built in a factory. D) None of above. Show Answer Correct Answer: B) A resource that come from the Earth. 12. Which action will MOST LIKELY lead a person to increase personal wealth? A) Spending more on expenses. B) Earning a higher income. C) Traveling around the world. D) Taking out high-interest loans. Show Answer Correct Answer: B) Earning a higher income. 13. Did you learn anything from this quiz? A) Absolutely!. B) I was hardly paying attention. C) It went straight in one ear and out the other. D) I learned more reading the back of a cereal box. Show Answer Correct Answer: A) Absolutely!. 14. ..... resources are the machines, tool, and buildings that are used to make goods and provide services. A) Natural. B) Capital. C) Human. D) None of above. Show Answer Correct Answer: B) Capital. 15. Which is the BEST way for a person to invest in their human capital? A) Moving to a new town. B) Paying rent to a landlord. C) Taking out high-interest loans. D) Developing marketable skills. Show Answer Correct Answer: D) Developing marketable skills. 16. The Right to Education act focuses on the children of the age group ..... A) 6-20yrs. B) 0-10yrs. C) 6-10 yrs. D) 6-14yrs. Show Answer Correct Answer: D) 6-14yrs. 17. White revolution is related with: A) Milk production. B) Cauliflower production. C) Rice production. D) Cotton production. Show Answer Correct Answer: A) Milk production. 18. The people who move up and down the poverty line are called A) Chronic poor. B) Occasionally poor. C) Non poor. D) Churning poor. Show Answer Correct Answer: D) Churning poor. 19. ..... is another word for a person who works to produce goods or provides services? A) Natural resource. B) Capital resource. C) Human resource. D) Consumer. Show Answer Correct Answer: C) Human resource. 20. Significance of human capital was recognized in ..... five year plan A) Second. B) Fourth. C) Seventh. D) Third. Show Answer Correct Answer: C) Seventh. 21. When was Indira Gandhi National Open University Set Up? A) 1995. B) 1975. C) 1985. D) 1990. Show Answer Correct Answer: C) 1985. 22. ..... implies the development of abilities and skills among the population of the country. A) Human resource. B) Physical capital. C) Human capital formation. D) None of above. Show Answer Correct Answer: C) Human capital formation. 23. People who move from one place to another to live are called ..... A) Migrants. B) Travellers. C) Gypsies. D) None of above. Show Answer Correct Answer: A) Migrants. 24. What is the approximate literacy rate of India as per census 2011. A) 72%. B) 74%. C) 73%. D) 70%. Show Answer Correct Answer: B) 74%. 25. Which is the reason for poor human capital formation in India? A) Brain Drain. B) Rising Population. C) Insufficient job training. D) All of Above. Show Answer Correct Answer: D) All of Above. 26. When was Sarva Shiksha Abhiyan launched? A) 2001. B) 2003. C) 2002. D) 1999. Show Answer Correct Answer: A) 2001. 27. Goods produced and used to make other goods and services are ..... A) Human resources. B) Capital resources. C) Natural resources. D) Tools. Show Answer Correct Answer: B) Capital resources. 28. ..... is putting money aside to use in the future. A) Interest. B) Resources. C) Credit. D) Saving. Show Answer Correct Answer: D) Saving. 29. ..... is used to preserve meat A) Dimonds. B) Gold. C) Coal. D) Salt. Show Answer Correct Answer: D) Salt. 30. Which of these MOST often results from additional education? A) Fewer developed skills. B) Fewer job opportunities. C) Higher cost of living. D) Higher income. Show Answer Correct Answer: D) Higher income. ← PreviousNext →Related QuizzesHuman Capital QuizzesEconomics QuizzesHuman Capital Quiz 1Human Capital Quiz 2Human Capital Quiz 3Human Capital Quiz 4Human Capital Quiz 6Human Capital Quiz 7Human Capital Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books