This quiz works best with JavaScript enabled. Home > Economics > Human Capital > General > Human Capital – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 7 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which is NOT an example of a natural resource? A) Honey. B) Shoes. C) Water. D) Deer. Show Answer Correct Answer: B) Shoes. 2. What type of education would an ice cream server need? A) 2 years of college. B) Masters in Business. C) College graduate. D) High school student. Show Answer Correct Answer: D) High school student. 3. Which of the following can lead to more job opportunities? A) Online networking. B) Volunteering for organizations. C) Increasing your human capital. D) All of the above. Show Answer Correct Answer: D) All of the above. 4. Productivity may BEST be defined as A) The amount of revenue earned. B) The ratio of outputs to inputs. C) The quantity of production. D) The quality of what is produced. Show Answer Correct Answer: B) The ratio of outputs to inputs. 5. ..... can be used to run a steam engine A) Iron. B) Copper. C) Gold. D) Coal. Show Answer Correct Answer: D) Coal. 6. What is an example of a human resource? A) Mrs. Moore. B) Trees. C) Tools. D) None of above. Show Answer Correct Answer: A) Mrs. Moore. 7. Is a natural resource A) Stone. B) Phone. C) Computer. D) Hunter. Show Answer Correct Answer: A) Stone. 8. ..... is a cut-off point on the line of distribution that divides the population into the poor and non-poor. A) Poverty distribution. B) Poverty cut-off. C) Poverty line. D) Poverty. Show Answer Correct Answer: C) Poverty line. 9. Horticulture contribution in Indian GDP is A) 6%. B) 3%. C) 7%. D) 2%. Show Answer Correct Answer: A) 6%. 10. Combines science, technology, engineering, and mathematics education to form an engaging field of study. A) Poetry. B) STEM. C) Robots. D) Engineering. Show Answer Correct Answer: B) STEM. 11. The problem faced in rural banking are A) Insufficient rural credit. B) Growing overdues. C) Inadequate amount of sanction. D) All of these. Show Answer Correct Answer: D) All of these. 12. People as a resource means A) None. B) Country's natural capital in terms of their existing productive skills. C) Country's fixed capital in terms of their existing productive skills. D) Country's working capital in terms of their existing productive skills. Show Answer Correct Answer: D) Country's working capital in terms of their existing productive skills. 13. ..... can be used to fill in your teeth A) Copper. B) Salt. C) Iron. D) Gold. Show Answer Correct Answer: D) Gold. 14. Off-campus training is also known as A) Internal training. B) External training. C) On-job training. D) None of above. Show Answer Correct Answer: B) External training. 15. The Education Commission had recommended that at least ..... percent of GDP to be spent on Education. A) 4. B) 6. C) 9. D) None of above. Show Answer Correct Answer: B) 6. 16. Which is NOT a natural resource A) Cotton. B) Car. C) Corn. D) Dogs. Show Answer Correct Answer: B) Car. 17. What is Adult Male Literacy Rate in the country in 2015? A) 81%. B) 80 %. C) 75%. D) 70 %. Show Answer Correct Answer: A) 81%. 18. ..... is money earned for work people do. A) Spending. B) Income. C) Interest. D) Charity. Show Answer Correct Answer: B) Income. 19. How can a person increase their chances of finding a job in the workforce? A) Develop marketable skills. B) Accumulate personal debt. C) Demand high wages. D) Leave school early. Show Answer Correct Answer: A) Develop marketable skills. 20. Which action would MOST LIKELY lead to increased income? A) Owning a large house. B) Retiring at a young age. C) Graduating from college. D) Traveling around the world. Show Answer Correct Answer: C) Graduating from college. 21. Credit taken for a period of 15 years is known as A) Short term credit. B) Medium term credit. C) Long term credit. D) All of these. Show Answer Correct Answer: C) Long term credit. 22. ..... is paying money for goods such as food and clothes or services such as a haircut. A) Interest. B) Charity. C) Spending. D) Credit. Show Answer Correct Answer: C) Spending. 23. An organization of workers dedicated to protecting members' interests and improving wages, hours and working conditions for all. A) Collective Bargaining. B) Workers Rights. C) Labor Union. D) Worker Strikes. Show Answer Correct Answer: C) Labor Union. 24. Which of the following are natural resources? A) Water. B) Trees. C) Animals. D) All of them. Show Answer Correct Answer: D) All of them. 25. An increase in the capital utilized in the production process leads to what? A) An increase in specialization. B) An increase in labor and wages. C) An increase in workers' productivity. D) An increase in human capital utilization. Show Answer Correct Answer: C) An increase in workers' productivity. 26. Which factors are related to expenditure on Health for Human Capital Formation A) Preventive Medicine. B) Curative Medicine. C) Social Medicine. D) All of these. Show Answer Correct Answer: D) All of these. 27. BETTER INDICATOR OF ECONOMIC DEVELOPMENT IS ..... A) PER CAPITA INCOME. B) NATIONAL INCOME. C) NATIONAL PRODUCTION. D) REAL PER CAPITA INCOME. Show Answer Correct Answer: D) REAL PER CAPITA INCOME. 28. Which of the following is a capital resource? A) Fish. B) Corn. C) Basket weaver. D) Canoe. Show Answer Correct Answer: D) Canoe. 29. School, fishing boats, tractors, machines, are all examples of ..... resources. A) Natural. B) Service. C) Captial. D) Human. Show Answer Correct Answer: C) Captial. 30. Which of the following is a major source of Human Capital Formation in a Country? A) Expenditure on Education. B) Expenditure on fertilisers. C) Expenditure on Education. D) Expenditure on Subsidy. Show Answer Correct Answer: A) Expenditure on Education. ← PreviousNext →Related QuizzesHuman Capital QuizzesEconomics QuizzesHuman Capital Quiz 1Human Capital Quiz 2Human Capital Quiz 3Human Capital Quiz 4Human Capital Quiz 5Human Capital Quiz 6Human Capital Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books