Infrastructure — Economics STD 12 Commerce — Question

Economists and scholars have identified certain key issues that are associated with rural development.
Write the name of some key issues.

Explain the meaning of human capital formation with the help of an example.

Throw light on the statement that community participation is an important aspect of good healthcare system.

Read the passage given below and answer the following questions from 1 to 3.
India realized the significance of human capital in financial development in its early stages. The Seventh Five Year Plan says, ‘Human Resource improvement has essentially to be appointed a key part in any development technique, especially in a nation with such a grand population. The reason for this action plan being:
Higher Productivity of Physical Capital: Human capital boosts the productivity of physical capital as skillful and professional operatives can understand and function the machines or guidelines efficiently than untrained operatives. Human Capital encourages the advancement of new techniques for production and this results in the increase of economic development in the shape of an increase in GDP.

1. In which five year plan, India realised the importance of Human capital?

1. Sixth
2. Seventh
3. Eighth
4. Ninth

2. Human capital formation is very important especially for the nations which have ________ population.

1. Small
2. Very Small
3. Large
4. None of these

3. Human capital leads to an increase in ______________?

1. Quality of life
2. Standard of living
3. Both (a) and (b)
4. None of these

Why is women's household work not recognised as work?

How do the following factors contribute to the environmental crisis in India? What problem do they pose for the government?
Reduction of forest coverage.

Is accelerated growth a sufficient condition to ensure removal of poverty within a reasonable period?

Find the odd man out:

1. Owner of a saloon.
2. A cobbler.
3. A cashier in Mother Dairy.
4. A tuition master.
5. Transport operator.
6. Construction worker.

Industrial sickness is a major area of concern for our country. Enumerate the various causes of industrial sickness.

Is expenditure on migration a source of human capital formation? Give reasons in support of your answer.