Free Human Capital 03 Practice Test - 12th Grade - Commerce 

Question 1

Female literacy in India is:

A.

75%

B.

85%

C.

70%

D.

66%

SOLUTION

Solution : D

66% of females are literate in India. 

Question 2

Elementary education covers both primary and middle education. State true or false. 

A.

True

B.

False

SOLUTION

Solution : A

Both primary and middle education are covered by elementary education. 

Question 3

People as a resource implies:  

A.

Country's fixed capital in terms of their existing productive skills

B.

Country's working capital in terms of their existing productive skills

C.

Country's natural capital in terms of their existing productive skills

D.

None of the above 

SOLUTION

Solution : C

Natural capital can be defined as the world's stocks of natural assets which include geology, soil, air, water, and all living things. It is from this natural capital that humans derive a wide range of services, often called ecosystem services, which make human life possible.

Question 4

A person becomes a resource when he/she:

A.

is willing to work 

B.

belongs to a particular age group

C.

is able to work

D.

all of the above

SOLUTION

Solution : D

A person becomes a human resource when he/she is willing to work, able to work, and belongs to a particular age group. 

Question 5

A problem which hampers human capital formation is:

A.

rising prices

B.

devaluation of currency

C.

developed technology 

D.

rising population

SOLUTION

Solution : D

Rapidly rising population adversely affects the quality of human capital, as it reduces per head availability of the existing facilities. Accordingly, capacities to acquire knowledge and specialised skills are reduced. 

Question 6

Which of the following aspects of human capital consist of preventive and curative aspects?

A.

Education 

B.

Health 

C.

Skill

D.

Migration 

SOLUTION

Solution : B

Health has preventive and curative aspects. 

Question 7

The movement started by National Literacy Mission is:

A.

Education of children

B.

Education for life

C.

Education for all

D.

Education literacy

SOLUTION

Solution : C

Education for all is the mission of UNESCO that was to be achieved by 2015. 

Question 8

Which of the following is a better performer in education? 

A.

Bihar

B.

Rajasthan

C.

U.P

D.

Mizoram

SOLUTION

Solution : D

Mizoram is a better performer in education. 

Question 9

Role of human capital formation in economic growth is given by: 

A.

Improvement in quality of life

B.

Rise in life expectancy

C.

Greater innovative skills

D.

All of these

SOLUTION

Solution : D

Role of human capital formation in economic growth implies an improvement in the quality of life, rise in life expectancy and greater innovative skills.

Question 10

Which of the following statements is correct for the first stage of the demographic transition model?

A.

Birth rate high, death rate high and fluctuating, total population low and constant

B.

Birth rate high, death rate high, total population increasing 

C.

Birth rate low, death rate high, total population low and constant

D.

Birth rate high, death rate low, total population low and constant

SOLUTION

Solution : A

In the first stage of population growth, birth rate is high, death rate is high and fluctuating, and total population is low and constant

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