This quiz works best with JavaScript enabled. Home > Human Capital > General > Human Capital – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Human Capital Quiz 5 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. How do investments in human capital help improve a nation's economy? A) By reducing the efficiency of production. B) By improving the job skills of the population. C) By improving access to natural resources. D) By reducing competition between businesses. Show Answer Correct Answer: B) By improving the job skills of the population. 2. The planning commission has defined the poverty line based on the recommended nutritional necessity of ..... calories per person per day for urban areas. A) 3000. B) 2500. C) 3100. D) 2100. Show Answer Correct Answer: D) 2100. 3. Time period of Golden Revolution is A) 1993-2003. B) 1991-2008. C) 1991-2012. D) 1991-2003. Show Answer Correct Answer: D) 1991-2003. 4. In India, which of the following organizations regulates the health sector? A) ICMR. B) UGC. C) AICTE. D) None of these Explanation:-ICMR (Indian Council of Medical Research) regulates the health sector of India. Show Answer Correct Answer: A) ICMR. 5. Which of the following is NOT true about a college education? A) It can increase your income potential. B) There are opportunity costs associated with it. C) It increases your market value. D) It is the only way to generate more income. Show Answer Correct Answer: D) It is the only way to generate more income. 6. When a human become capital? A) By developing skills. B) By getting education. C) By good health. D) All of above. Show Answer Correct Answer: D) All of above. 7. A business owner earns $ 50.00 per hour. The owner works for 3 hours on Monday and 4 hours on Tuesday. How much does the business owner earn on Monday and Tuesday combined? A) $ 350.00. B) $ 150.00. C) $ 200.00. D) $ 300.00. Show Answer Correct Answer: A) $ 350.00. 8. In which year Right To Education act enacted in India? A) 2020. B) 2009. C) 2010. D) 2015. Show Answer Correct Answer: B) 2009. 9. What is the age group of children under RTE act for free and compulsory education? A) 1 to 5 Years. B) 5 to 10 Years. C) 10 to 14 Years. D) 6 to 14 Years. Show Answer Correct Answer: D) 6 to 14 Years. 10. Which organisations is not related from ministries of education? A) UGC. B) AICTE. C) NCERT. D) BJP. Show Answer Correct Answer: D) BJP. 11. Why do we need resources? A) They make life more fun. B) They are expensive. C) They help us meet our needs. D) They give us more to do. Show Answer Correct Answer: C) They help us meet our needs. 12. Government established the institutional sources of finance: A) To provide adequate credit to farmers at a cheaper interest rate. B) To assist small farmers to raise their income. C) Both A and B. D) None of the above. Show Answer Correct Answer: C) Both A and B. 13. Which of the following is an example of physical capital? A) Machinery. B) Health of people. C) Education and knowledge. D) None of above. Show Answer Correct Answer: A) Machinery. 14. ..... are things used to produce goods and services. A) Spending. B) Income. C) Resources. D) Charity. Show Answer Correct Answer: C) Resources. 15. Which is a natural resource? A) Glass. B) Paper. C) Plants. D) Weather. Show Answer Correct Answer: C) Plants. 16. According to ..... of the constitution, free and compulsory education upto the age14 years will be provided from the commencement of the Contitution. A) Fundamental Rights. B) Schedule 1. C) Article 356. D) Directive Principles. Show Answer Correct Answer: D) Directive Principles. 17. Capital resource example A) Bow and arrow. B) Water. C) Teacher. D) Hunter. Show Answer Correct Answer: A) Bow and arrow. 18. When was Valmiki Ambedkar Awas Yojana launched? A) 2001. B) 1999. C) 2005. D) 2011. Show Answer Correct Answer: A) 2001. 19. Mentioned are the names of the states. Which among these states has the least literacy rate? A) . Mizoram. B) Kerala. C) Bihar. D) None of these. Show Answer Correct Answer: C) Bihar. 20. ..... is giving money to help others. A) Resources. B) Unplanned spending. C) Planned spending. D) Charity. Show Answer Correct Answer: D) Charity. ← PreviousNext →Related QuizzesHuman Capital QuizzesHuman Capital Quiz 1Human Capital Quiz 2Human Capital Quiz 3Human Capital Quiz 4Human Capital Quiz 6Human Capital Quiz 7Human Capital Quiz 8Human Capital Quiz 9Human Capital Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books