Sources of Human Capital
Which of the following is NOT a source of human capital formation?
- Investment in education
- Investment in health
- On-the-job training
- Investment in physical machinery — Correct Answer
Explanation:
Correct Answer Explanation
Investment in physical machinery is physical capital formation, not human capital formation.
Key Points:
- Sources of human capital formation: Education, Health, On-the-job training, Migration, and Information.
- Education is considered one of the main sources.
📚 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.
