List of top Economics Questions on Human Capital Formation asked in CBSE CLASS XII

Trace the relationship between Human capital and Economic growth.

On the basis of the given image, explain the source of human capital formation which may contribute to the economic growth in India.

Distinguish between human capital and physical capital.
Read the following statements – Assertion (A) and Reason (R). Choose the correct alternative from the options given below:
Assertion (A): Information plays a crucial role in judicious decision-making about investing in human capital.
Reason (R): Individuals invest to acquire information about the labour market and other areas such as education and healthcare.

(a) (i) Distinguish between human capital and physical capital.
(ii) Define Sustainable Development.
OR 
(b) 
(i) Describe briefly the importance of micro-credit programmes in Rural India.
(ii) State any one strategy involved in attaining sustainable development in India.

Read the following statements – Assertion (A) and Reason (R). Choose the correct option from the options given below :
Assertion (A) : People spend to acquire information related to labour and other markets (like, education and health).
Reason (R) : Expenditure on information is necessary for efficient utilisation of the human capital stock.
Distinguish between Physical Capital and Human Capital.
Read the following statements carefully: Assertion (A) and Reason (R). Choose the correct option from those given below:
Assertion (A): Human capital formation increases the rate of participation of population to economic activities and leads to economic growth.
Reason (R): Rate of participation of people refers to the percentage of people engaged in production process of a country.
"Expenditure on preventive medicine, curative medicine and social medicine helps in building human capital and economic development." Do you agree with the given statement? Give valid arguments in support of your answer.
Medhya and Danish both had their own farms. Medhya invested in a few agricultural courses, learnt modern farming techniques, and trained her labourers on best practices related to soil fertility, crop management, pest control, etc. Whereas, Danish invested heavily in purchasing advanced farming machinery, irrigation systems, and high-quality seeds. Do you agree that Danish had made investment in human capital? Give valid reason in support of your answer.
State any two liberty indicators.
Define liberty indicator.
____ is based on the idea that education and health are integral to human well-being. (Choose the correct option to fill up the blank)
In India, National Education Policy 2020 has stressed a lot on in-service training of teachers. (i) Identify the source of Human Capital Formation (HCF) indicated in the aforesaid statement.
Read the following statements carefully:
Statement 1: Human development is based on the idea that education and health are integral to human well-being.
Statement 2: Human capital treats humans as a means to an end.
(Choose the correct alternative)
Identify which of the following is not a Human Development Indicator (HDI).