This quiz works best with JavaScript enabled. Home > Economics > Human Capital > General > Human Capital – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 6 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A teacher who provides a service is an example of a ..... A) Natural Resource. B) Human Resource. C) Capital Resource. D) All of the above. Show Answer Correct Answer: B) Human Resource. 2. Which of the following is a natural resource? A) Doctors. B) Trees. C) Lightbulbs. D) Sweaters. Show Answer Correct Answer: B) Trees. 3. The stock of skill and expertise of nation at a point of time is called A) Human capital. B) Human development. C) Human capital formation. D) None of above. Show Answer Correct Answer: A) Human capital. 4. Vaccination is a A) Preventive medicine. B) Curative medicine. C) Social medicine. D) None of above. Show Answer Correct Answer: A) Preventive medicine. 5. How do entrepreneurs benefit the economy? A) They increase their country's level of investment in human capital. B) They start new businesses and create employment opportunities. C) Hey improve the value of the country's official currency. D) None of above. Show Answer Correct Answer: C) Hey improve the value of the country's official currency. 6. Which of the following organisation collect data on poverty in India? A) CSO. B) Census of India. C) National Sample survey organisation (NSSO). D) Reserve Bank of India (RBI). Show Answer Correct Answer: C) National Sample survey organisation (NSSO). 7. What would cause one job to pay more than another? A) The age of the individual. B) The number of french fries the person can eat in a minute. C) How much fun they have while they work. D) The length of training, level of education, and the difficulty of the job. Show Answer Correct Answer: D) The length of training, level of education, and the difficulty of the job. 8. Which committee stated, Rs 1.37 lakh crore over need to spent to bring all Indian children in the age group of 6-14 years under the purview of School education. A) Kothari Committee. B) Tapas Majumdar Committee. C) Ayyer Committee. D) Tendulkar Committee. Show Answer Correct Answer: B) Tapas Majumdar Committee. 9. Five states account for 70% of India's poverty. Which of the following is not one of them? A) Bihar. B) Andhra Pradesh. C) Uttar Pradesh. D) Kerala. Show Answer Correct Answer: D) Kerala. 10. UWSP and USEP are the two components of which yojana? A) Antodaya Anna Yojana. B) Valmiki Ambedkar Awas Yojana. C) Swarna Jayanti Shahari Rozgar Yojana. D) Indira Awas Yojana. Show Answer Correct Answer: C) Swarna Jayanti Shahari Rozgar Yojana. 11. In the year ..... Indian Government made free and compulsory education for agegroup of 6-14 years. A) 2001. B) 2009. C) 2007. D) 2003. Show Answer Correct Answer: B) 2009. 12. People of which age group are treated as a productive labour force? A) 15-30. B) 0-6. C) 50-60. D) 20-35. Show Answer Correct Answer: A) 15-30. 13. From which five year plan India recognised the importance of Human Capital in economic growth? A) Fifth Five Year Flan. B) Seventh Five Year Plan. C) Tenth Five Year Plan. D) First Five Year Plan. Show Answer Correct Answer: B) Seventh Five Year Plan. 14. London earns $ 8 per hour selling passes to the city pool. What is the amount he earns if he works for 8 hours? A) $ 36. B) $ 0. C) $ 16. D) $ 64. Show Answer Correct Answer: D) $ 64. 15. Machine and buildings are A) Human capital. B) None of these. C) Physical capital. D) Natural capital. Show Answer Correct Answer: C) Physical capital. 16. Sawyer works as a grocery clerk and earns $ 8.00 per hour. Sawyer works 8 hours per day. How much money will Sawyer make in 5 days? A) $ 300.00. B) $ 72.00. C) $ 320.00. D) $ 64.00. Show Answer Correct Answer: C) $ 320.00. 17. It is ..... training when the workers are trained in the firm itself under the supervision of a skilled worker A) Off the job training. B) Vocational training. C) On the job training. D) Technical training. Show Answer Correct Answer: C) On the job training. 18. A literate refers to ..... A) All the urban people. B) All the educated people. C) The ability to read and write. D) None of these. Show Answer Correct Answer: C) The ability to read and write. 19. When was Mid-Day Meal scheme launched? A) 5th August 1997. B) 5th August 1996. C) 5th August 1998. D) 5th August 1995. Show Answer Correct Answer: D) 5th August 1995. 20. What is a human resouce? A) A good used to make other goods. B) A factory machine. C) Things that come from nature. D) People who work to make a goods or services. Show Answer Correct Answer: D) People who work to make a goods or services. 21. A measure of the amount of output produced by a given amount of inputs in a specific period of time is the definition of A) Equilibrium price. B) Allocation. C) Productivity. D) Opportunity cost. Show Answer Correct Answer: C) Productivity. 22. According to Deutsche Bank, a ..... percent rise in the average years of education in India, to just above 7 years. A) 30. B) 20. C) 40. D) 25. Show Answer Correct Answer: C) 40. 23. Indian agriculture contribution to the national gross domestic product (GDP) is about ..... per cent. A) 75. B) 50. C) 25. D) 10. Show Answer Correct Answer: C) 25. 24. ..... is money you pay when you borrow money, or money you receive from lending money. A) Interest. B) Spending. C) Credit. D) Resources. Show Answer Correct Answer: A) Interest. 25. A sewing machine would be an example of a ..... A) Human resource. B) Capital resource. C) Natural resource. D) None of the above. Show Answer Correct Answer: B) Capital resource. 26. Which of the following would NOT increase your human capital? A) Volunteering. B) Job shadowing, and internships. C) Working hard in school to earn good grades. D) Watching lots of Netflix. Show Answer Correct Answer: D) Watching lots of Netflix. 27. White Revolution is also called as A) Operation flood. B) Green revolution. C) Golden revolution. D) Operation milk. Show Answer Correct Answer: A) Operation flood. 28. ..... is paying money for goods and services you expect. A) Unplanned spending. B) Planned spending. C) Charity. D) Interest. Show Answer Correct Answer: B) Planned spending. 29. A person become human resource when he is A) Willing to work. B) Able to work. C) In the age group of 15-60yrs. D) All of these. Show Answer Correct Answer: D) All of these. 30. Central government organisation, who are involved in agricultural marketing A) NBPGR. B) IGBI. C) IARI. D) FCI. Show Answer Correct Answer: D) FCI. ← PreviousNext →Related QuizzesHuman Capital QuizzesEconomics QuizzesHuman Capital Quiz 1Human Capital Quiz 2Human Capital Quiz 3Human Capital Quiz 4Human Capital Quiz 5Human Capital Quiz 7Human Capital Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books