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Human Capital Formation In India

Question

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A professor earns a higher wage than a peon in the college. Why?

Solution

Because a professor has the skill or abilities to produce more whereas the peon in the college does not have this skill.

Some More Questions From Human Capital Formation In India Chapter

Give the different forms of 'on the job training'.

Why is expenditure regarding on-the-job training a source of human capital formation?

What is investment in education?

Mention on the main forms of development of human resources.

What do you mean by health?

What is social infrastructure?

What is meant by human resource development?

Why is technical education essential?

When was New Education Policy announced?

Tell the name of two communicable diseases prevalent in India.

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