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Human Capital Formation In India

Question

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How is the expenditure on education by the government expressed?

Solution

The expenditure on education by the government is expressed in two ways:

(i) as a percentage of total government expenditure and

(ii) as a percentage of Gross Domestic Product (GDP).

Some More Questions From Human Capital Formation In India Chapter

What is meant by human capital formation?

Human capital formation is the process of adding to the stock of human capital over time.

What do you mean by the term 'sources of human capital formation?'

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

What is human developments?

What is 'on the job training'?

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.

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