Question : Which of the following is the meaning of people as a resource? A: It means that people are the natural capital of a country based on their existing skills. B: It means that people are the human capital of a country based on their existing skills. C: It means that people are the technical capital of a country based on their existing skills.
Option 1: A and B are correct
Option 2: B and C are correct
Option 3: Only B correct
Option 4: A, B, and C all are correct.
Correct Answer: Only B correct
Solution : People as Resource is a term used to describe a nation's working population in terms of their current and potential for productivity. It implies that depending on their current skill sets, individuals constitute a nation's human capital. Hence option c is the correct answer.
Question : Which of the following are the elements of economic development? A: Physical capital B: Human capital C: Technology
Option 1: Only A correct
Option 2: Only A and B are correct
Option 3: Only B and C are correct
Option 4: All are correct
Question : A, B and C are equal partners in a firm whose books are closed on 31st March every year. If General Reserve of Rs. 40,000 at the time of retirement of partner B when 25% of the balance of General Reserve is to be transferred to Investments Fluctuation Reserve. Choose the correct option.
Option 1: General Reserve A/c ...Dr. 40,000 To A's Capital A/c 10,000 To B's Capital A/c 10,000 To C's Capital A/c 10,000 To Investments Fluctuation Reserve A/c 10,000
Option 2: General Reserve A/c ...Dr. 40,000 To A's Capital A/c 20,000 To B's Capital A/c 10,000 To C's Capital A/c 10,000
Option 3: General Reserve A/c ...Dr. 40,000 To A's Capital A/c 10,000 To C's Capital A/c 10,000 To Investments Fluctuation Reserve A/c 20,000
Option 4: None of the above
Question : Given below are four sentences in jumbled order. Pick the option that gives their correct order.
A. Combining vitamins A, C, and D3 with Zinc and Probiotics gives a good flu-fighting remedy. B. Vitamin C plays a vital role in maintaining the body’s natural defence. C. It also supports a healthy immune system. D. People with low vitamin C are at a much greater risk of getting infections.
Option 1: BCDA
Option 2: ADCB
Option 3: BADC
Option 4: DCBA
Question : Which of the following describes the issue with the development of human capital? A: One of India's biggest issues with human capital production is the country's growing population. B: One of India's biggest issues with human capital building is brain drain. C: One of India's biggest issues with human capital building is its low academic standards.
Option 1: Only option a is correct
Option 2: Only option b is correct
Option 3: B and C are correct.
Option 4: All of the above are correct.
Question : Which of the following does not serve as a source of human capital transformation? A: The cost of constructing factories and equipment B: Expenditure for migrating elsewhere looking for better employment opportunities C: Investing in on-the-job training to boost productivity
Option 1: Only A is correct
Option 2: Only B and C are correct
Option 3: Only c is correct
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