Q.1 Which of the following statements is true regarding the relationship between human capital and productivity?

A) Human capital has no impact on productivity.

B) Only physical capital contributes to productivity.

C) Investment in human capital can enhance productivity.

D) Investment in physical capital reduces productivity.

Answer: C) Investment in human capital can enhance productivity.

Q.2 What is the primary emphasis of the chapter “People as Resource”?

A) Explaining population growth as a liability

B) Highlighting the negative aspects of a large population

C) Viewing population as an asset for the economy

D) Discussing the challenges of providing education and healthcare

Answer: C) Viewing population as an asset for the economy

Q.3 How does the advantage of having a more educated and healthier population described?

A) Only individuals gain higher incomes.

B) Society benefits indirectly through spreading advantages.

C) Education and healthcare have no societal benefits.

D) Only the government gains through taxation.

Answer: B) Society benefits indirectly through spreading advantages.

Q.4 What transforms population into human capital?

A) Investment in physical infrastructure

B) Investment in education, training, and healthcare

C) Government subsidies for agriculture

D) Expansion of industrial production

Answer: B) Investment in education, training, and healthcare

Q.5 What is one way in which educated parents contribute to the education of their children?

A) They discourage their children from pursuing education.

B) They invest heavily in their children’s education because they understand its importance.

C) They prioritize physical strength over education.

D) They rely on the government to provide education for their children.

Answer: B) They invest heavily in their children’s education because they understand its importance.

Multiple Choice Questions:-

Q.6 What was one key difference between Sakal and Vilas?

A) Sakal’s father was a fisherman, while Vilas’s father was a farmer.

B) Sakal was interested in studies and went to school, while Vilas did not attend school.

C) Vilas was physically stronger and healthier than Sakal.

D) Sakal’s family was wealthier than Vilas’s family.

Answer: B) Sakal was interested in studies and went to school, while Vilas did not attend school.

Q.7 According to the National Education Policy, what is the catalytic action of education in the growth process?

A) It creates more problems and requirements.

B) It increases literacy rates rapidly.

C) It needs to be meticulously planned and executed.

D) It reduces the need for investment in human resources.

Answer: C) It needs to be meticulously planned and executed.

Q.8 Why is literacy rate higher among males in India?

A) Males are naturally more intelligent.

B) Females are not allowed to attend schools.

C) Males have historically had more opportunities for education.

D) Females are not interested in education.

Answer: C) Males have historically had more opportunities for education.

Q.9 How does disguised unemployment manifest in rural areas?

A) There is a shortage of manpower in certain categories.

B) More people are employed than necessary, leading to reduced productivity.

C) Technically qualified individuals cannot find jobs.

D) Unemployment rates are statistically low due to low income and productivity.

Answer: B) More people are employed than necessary, leading to reduced productivity.

Q.10 In the context of the story of the village, what role did innovation play in the economic development of the community?

A) Innovation led to increased unemployment due to job displacement.

B) Innovation resulted in the decline of traditional agricultural practices.

C) Innovation created new opportunities and improved productivity in agriculture.

D) Innovation had no significant impact on the economic development of the community.

Answer: C) Innovation created new opportunities and improved productivity in agriculture.