This quiz works best with JavaScript enabled. Home > Human Capital > General > Human Capital – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 3 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Water is a A) Natural resource. B) Human resource. C) Capital resource. D) None of above. Show Answer Correct Answer: A) Natural resource. 2. 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. 3. 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. 4. 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) Product Development. B) Rural Development. C) Agricultural Diversification. D) Agriculture POLICY. Show Answer Correct Answer: C) Agricultural Diversification. 5. 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. 6. Increased education and training within a nation will most likely result in A) A decrease in Gross Domestic Product (GDP). B) An increase in the presence of natural resources. C) A decrease in entrepreneurship. D) An increase in Gross Domestic Product (GDP). Show Answer Correct Answer: D) An increase in Gross Domestic Product (GDP). 7. What is a capital resource? A) Something that comes from nature. B) A good or tool used to make others. C) A service by a human. D) A sweater. Show Answer Correct Answer: B) A good or tool used to make others. 8. A mechanic is a A) Natural resource. B) Human resource. C) Capital resource. D) None of above. Show Answer Correct Answer: B) Human resource. 9. What is an example of a natural resource? A) Lake. B) House. C) Fisherman. D) Hammer. Show Answer Correct Answer: A) Lake. 10. What problem would a country try to address by increasing investments in human capital? A) Lack of natural resources. B) High rate of unemployment. C) Lack of foreign trading partners. D) High level of government regulation. Show Answer Correct Answer: B) High rate of unemployment. 11. 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. 12. The government of India is leving a ..... percent education cess on all the union taxes for spending on elementary education. A) 2 Percent. B) 5 percent. C) 10 percent. D) 12 percent. Show Answer Correct Answer: A) 2 Percent. 13. 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. 14. Which of these is not a source of Human Capital A) Migration. B) Cultural Institutions. C) On-the-job training. D) Job market information. Show Answer Correct Answer: B) Cultural Institutions. 15. Which of these would be the LEAST LIKELY to increase human capital? A) Offering free training seminars for employees. B) Improving access to health care in rural areas. C) Increasing the cost of tuition at public colleges. D) Involving parents in their children's education. Show Answer Correct Answer: C) Increasing the cost of tuition at public colleges. 16. 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. 17. Michael used his tractor to make bales of hay. His tractor is a ..... A) Commercial resource. B) Capital resource. C) Natural resource. D) Human resource. Show Answer Correct Answer: B) Capital resource. 18. 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. 19. *Skills of citizens*Health of citizens*Education of citizens*Values of citizensWhat do these factors MOST LIKELY represent? A) Human capital. B) Literacy rate. C) Economic investment. D) Life expectancy rate. Show Answer Correct Answer: A) Human capital. 20. Human capital consists of A) Entrepreneurs. B) Entire population. C) Workers. D) Both workers and entrepreneurs. Show Answer Correct Answer: B) Entire population. ← PreviousNext →Related QuizzesHuman Capital QuizzesHuman Capital Quiz 1Human Capital Quiz 2Human Capital Quiz 4Human Capital Quiz 5Human Capital Quiz 6Human Capital Quiz 7Human Capital Quiz 8Human Capital Quiz 9Human Capital Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books