Question : The "cost of human capital" includes:

Option 1: The salary paid to employees

Option 2: The financial investment in education and training

Option 3: The cost of healthcare services

Option 4: The market value of human resources in a company

Question : Which of the following factors contributes to human capital formation?

Option 1: Decreased investment in education and healthcare

Option 2: Low levels of literacy and numeracy in the population

Option 3: Lack of access to educational opportunities

Option 4: Government policies promoting education and healthcare

Question : The "Integrated Child Development Services (ICDS)" scheme provides:

Option 1: Free education to children in rural areas

Option 2: Skill development training for unemployed youth

Option 3: Nutrition and healthcare services to children and pregnant women

Option 4: Financial assistance for higher education to marginalized students

Question : Statement 1: Investment in education is the only factor that contributes to human capital formation.

Statement 2: Investment in healthcare and nutrition also plays a significant role in human capital formation.

Option 1: Statement 1 is true, and statement 2 is true.

Option 2: Statement 1 is true, but statement 2 is false.

Option 3: Statement 1 is false, but statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.

Question : The "knowledge spillover" effect refers to:

Option 1: The transfer of knowledge from one firm to another in the same industry

Option 2: The dissemination of knowledge to the general public

Option 3: The impact of education on individual earnings

Option 4: The interaction between human capital and physical capital