Q.1 Discuss the concept of ‘People as Resource’ and explain how investment in human capital can turn a large population into an asset for a country’s economy. (5)

Q.2 Define ‘human capital’ and explain how it is different from a mere population. (3)

Q.3 How does investment in human capital contribute to the Gross National Product (GNP)? (2)

Q.4 Explain the concept of ‘human capital formation’ and its significance. (3)

Q.5 How does human resource differ from other resources like land and physical capital? (2)

Q.6 Differentiate between market activities and non-market activities related to economic activities. Provide examples of each. (3)

Q.7 How can investment in education and healthcare create a virtuous cycle in society? Explain with relevant examples.

Q.8 Compare the two case studies of Sakal and Vilas to illustrate the importance of education (3)

Q.9 Explain why women are often paid less than men in the job market. (2)

Q.10 How does education contribute to the growth of an individual and society? (3)

Q.11 Evaluate the significance of literacy rates in India’s development, and provide reasons for the gender disparity in literacy rates. (5)

Q.12 Describe the efforts made by the Indian government to promote education and skill development, and their impact on the country’s development. (3)

Q.13 Why are women’s contributions to household work not recognized in the national income? (2)

Q.14 Why are people considered a valuable resource in an economy? (2)

Q.15 Define disguised unemployment. (2)

Q.16 Explain the concept of seasonal unemployment. (2)

Q.17 Describe the changing employment structure in India and the transition from the primary sector to the secondary and tertiary sectors. Discuss the implications for economic growth. (5)

Q.18 Evaluate the role of vocational education and skill development programs in reducing unemployment and promoting self-employment. Provide examples of successful initiatives in India. (5)