Education Expenditure Current Level
Compared to the recommended 6% of GDP, the current education expenditure is:
- Above 6%
- Exactly 6%
- A little over 4% — quite inadequate — Correct Answer
- Less than 1%
Explanation:
Correct Answer Explanation
The current level of a little over 4 per cent of GDP has been quite inadequate compared to the recommended 6%.
Key Points:
- Education Commission (1964-66) recommended 6% of GDP.
- A goal of 6% has been accepted as must for coming years.
📚 About this Topic — CH-4: HUMAN CAPITAL FORMATION IN INDIA
This multiple choice question is from CH-4: HUMAN CAPITAL FORMATION IN INDIA, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-4: HUMAN CAPITAL FORMATION IN INDIA to strengthen your preparation.
