Human Capital Formation in India Class 12 MCQ Quiz – Test Your Understanding!

Are you ready to test your knowledge of Human Capital Formation in India from the Class 12 Economics syllabus? This chapter explains how education, health, and skill development contribute to economic growth by enhancing the productivity of individuals.

About the Quiz

  • Chapter Name: Human Capital Formation in India
  • Subject: Economics
  • Book: NCERT Class 12 Economics
  • Question Type: Multiple Choice Questions (MCQs)
  • Leaderboard: Yes (Check Your Rank!)

Why Take This Quiz?

✔ Helps in CBSE board exam revision
✔ Strengthens understanding of the role of education and health in economic growth
✔ Enhances knowledge of government initiatives for human capital formation
✔ Track your progress with the leaderboard

Click Below to Start the Quiz!

Chapter 4 Human Capital Formation in India

1 / 15

Assertion (A): Human development treats education and health as ends in themselves, unlike human capital.
Reason (R): Human capital focuses solely on increasing labor productivity through education and health investments.

2 / 15

On the basis of the below-mentioned information answer the following question:

human capital formation in india class 12 important quesitons answers

The Real Per Capita Income of India (as per the given data) has increased by _______________ (approximately) between 1951 and 2016-17. (Fill up the blank with the correct alternative)

3 / 15

Who amongst the following, has received the greatest investment in human capital formation?

4 / 15

5 / 15

To increase future prospects in the education sector, the Government should:

6 / 15

Which of the following is the CORRECT difference between physical and human capital?

7 / 15

Match the situations given in Column I with their respective implications given in Column II:

Column I Column II
A. Migration i. reduced in per capita economic growth
B. Low level of academic standards ii. An imbalance between demand and supply of human resource
C. Population- High Growth rate iii. Brain Drain
D. Lack of proper manpower planning iv. Mismatch between required skill and academic standards

8 / 15

Read the following statements carefully.

  • Statement 1: On-the-job training help to bridge the gap between theoretical concepts and practical experiences.
  • Statement 2: On-the-job training updates the employees, with the latest changes in their work field.

9 / 15

Which of the following is an example of preventive medicine?

10 / 15

Assertion (A): The National Education Policy 2020 emphasizes the need for a skilled workforce in fields like data science and AI.
Reason (R): Technological advances are reducing the demand for unskilled labor globally.

11 / 15

Match the Statistic with its Context (1952-2014):

Column A Column B
A. 7.92% to 15.7% 1. Education expenditure as % of GDP
B. 0.64% to 4.13% 2. Unemployment rate of graduates
C. 6% 3. Education expenditure as % of total govt spending
D. 19% 4. Recommended education spending by Education Commission

12 / 15

Which of the following could aid in human capital formation?

13 / 15

Which of the below statements is true about human development?

14 / 15

What is the nature of human capital assets?

15 / 15

Which statement can be said to best describe the importance of expenditure on education?

Your score is

The average score is 61%

Leaderboard – Top Scorers

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Pos.NameScoreDurationPoints
1Gazal100 %2 minutes 12 seconds15
2AFRAH93 %4 minutes 11 seconds14
3Gazal80 %5 minutes 10 seconds12
4rohila80 %5 minutes 44 seconds12
5abc80 %6 minutes 9 seconds12
6akshita80 %6 minutes 18 seconds12
7lui73 %4 minutes 50 seconds11
8Siddhi73 %8 minutes 45 seconds11
9Afrah73 %8 minutes 55 seconds11
10Rr67 %4 minutes 27 seconds10
11Gazal67 %6 minutes 19 seconds10
12A60 %3 minutes 6 seconds9
13Happy60 %6 minutes 19 seconds9
14Abc60 %11 minutes 52 seconds9
15Nishal53 %7 minutes 31 seconds8
16xyz47 %3 minutes 59 seconds7
17VANSH KING40 %4 minutes 44 seconds6
18p40 %10 minutes 30 seconds6
19Suryank33 %9 minutes 33 seconds5
20S27 %2 minutes 32 seconds4
21Jiya0 %2 minutes 5 seconds0

Key Topics Covered in the Quiz

Meaning and importance of Human Capital Formation
Difference between Human Capital and Human Development
Sources of Human Capital Formation (Education, Health, On-the-Job Training, Migration, Information)
Role of Government in Human Capital Formation
Challenges in Human Capital Development in India

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