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
Answer (1)
25th Jan, 2024
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.
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