Question
EconomyPopulation, Employment and Human DevelopmentEducation, Skills and Human CapitalMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
Education, Skills and Human Capital · Population, Employment and Human Development
Related topics:
Savings, Investment and Capital Formation

Classification and difficulty are editorial labels. Explanations are awaiting review.

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Consider the following statements: Human capital formation as a concept is better explained in terms of a process which enables 1. individuals of a country to accumulate more capital. 2. increasing the knowledge, skill levels and capacities of the people of the country. 3. accumulation of tangible wealth. 4. accumulation of intangible wealth. Which of the statements given above is/are correct?

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Question 49 · Education, Skills and Human Capital · Economy · UPSC Prelims 2018 (GS)

Topics and years

2018 · GS · Question 49