Question : If there is expenditure on education then it will be _______.
Option 1: Wasteful
Option 2: Investment
Option 3: Skill
Option 4: None of the above
Correct Answer: Investment
Solution : If there is expenditure on education then it will be an investment. Education is considered an investment in human capital. A person's knowledge, skills, and abilities that they have acquired via education, training, and experience and which enable them to be more productive and so increase their potential for financial gain are known as their human capital. Hence option b is the correct answer.
Question : Which type of education takes a major share of total education expenditure in India?
Question : What is the primary funding source for university education?
Question : Which of these statements is true? 1:In India, a large portion of total education spending goes toward elementary education. 2: Young people with higher education have the greatest unemployment rates.
Question : Does human capital view health and education as ways to increase?
Question : What is the role of entrepreneurship in human capital formation?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile