CBSE Questions for Class 12 Commerce Economics Human Capital Formation In India Quiz 1 - MCQExams.com

Economic growth is growth in _____.
  • Value of total output
  • Value of total input
  • Value of industrial output
  • Value added of all sectors
Health care facilities in rural India are adequate.
  • True
  • False
Population becomes human capital when there is investment made in the form of education, training and _______.
  • Reading
  • Medical care
  • Eating
  • Socialising
  • None of these
Which state in India tops the National Human Development Index?
  • Punjab
  • Haryana
  • Kerala
  • Maharastra
The indicators of the economic growth in India are __________.
  • Per capita income
  • Rate of capital formation
  • The production of food grains
  • All of these
Economic growth indicates ____________.
  • process to increase the country's national income over a period of time
  • increase in the national income in the long term along with human resource development
  • both 1 and 2
  • neither 1 nor 2
Investment in human resource means investment in _____ .
  • education
  • healthcare
  • both (1) and (2)
  • neither (1) nor (2)
Human resources are superior to other resources because __________.
  • Human resource can make use of land and capital
  • Human beings are gift of God
  • Human resources make a firm profitable
  • Human beings are more productive
Investment in human capital is expenditure on _____.
  • education
  • training
  • healthcare
  • all of these
Who gave the following statement?
"Economic Development is the process by which an economy is transformed from one whose rate of growth of per capita income is small or negative, to one in which a significant self-sustained rate of increase of per capita income is a permanent and long term feature".
  • Irma Adelman
  • Paul Baran
  • Jacob Viner
  • None of the above
Who gave the following definition?
"Economic Growth can be defined as an increase in overtime in per capita output of material goods".
  • Irma Adleman
  • Paul Baran
  • Jacob Viner
  • None
Which of the following explains the term economic growth?
  • Increase in per capita production
  • Increase in per capita real income
  • Structural change in the economy
  • All of the above
Which state has focused more on human resource development?
  • Gujarat
  • Madhya Pradesh
  • Maharashtra
  • Kerala
Economic development is characterized by _____.
  • Structural change in the economy
  • Change in the occupational structure
  • Both A and B
  • None of the above
Which of the following explains the term economic development?
  • Improvement in the technology involved
  • Improvement in production
  • Improvement in distribution system
  • All the above
Human resource management is normally ________.
  • proactive
  • reactive
  • combative
  • none of the above
The scope of human resource management includes _______.
  • procurement
  • development
  • compensation
  • all of the above
Human resource management is the formal part of an organisation responsible for the following aspects of the management except _______.
  • strategy development and analysis
  • systems, processes, and enforcement
  • policy making, implementation, and enforcement
  • management of the organisation's finances
Organisation relies on the following sources of capital
  • Cultural, human and system capital
  • Social, cultural and human capital
  • Cultural, human and source capital
  • None of the above
The balanced scorecard proposes that organisational success depends on _______.
  • a focus on only the internal environment of the organization
  • a constantly changing external environment
  • the belief that it is impossible to take a rationalist view of the organisation to make optimal choices
  • an ability to develop a complete list of cause and effect relationships driving a firm's success
Which of the following involves strategic human resource management?
  • Planning, foresight and analytical decision making
  • Setting employment standards and policies
  • Linking human resources with strategic objectives to improve performance
  • All of the above
Economic growth indicator excludes ____________.
  • outward shift in PPC
  • skewed income distribution
  • GDP growth
  • increase in industrial production index
Which of the following aptly describes the role of line manager and staff advisors, namely HR professionals?
  • Staff advisors focus more on developing HR programmes while line managers are more involved in the implementation of those programmes.
  • Line managers are concerned more about developing, implementing and evaluating the HR programmes whereas staff advisors are more involved in implementing such programmes.
  • Staff advisors are solely responsible for developing, implementing and evaluating the HR programmes while line managers are not all involved in any matters concerning HR.
  • Line managers alone are responsible for developinq, implementing and evaluating the HR programmes while staff advisors are not all involved in any matters concerning HR.
Kochan and Barocc's (1985) model of HRM has three elements. these are ________.
  • The external environment, the internal environment and human resource management
  • HRM/IR system effectiveness, the external environment and the internal environment
  • Human resource management, the internal environment and HRM/IR system effectiveness.
  • The external environment, human resource management and HRM/IR system effectiveness
The human resource management function aims at ________.
  • ensuring that the human resources possess adequate capital, tool equipment and material to perform the job successfully
  • helping the organisation deal with its employees in different stages of employment
  • improving an organisation' creditworthiness among financial institutions
  • none of the above
What are the ideas underpinning 'soft', 'e-commitment', or 'high-road' HRM practices?
  • Labour needs to be treated as an asset to be invested in
  • Employees are a cost which should be minimized
  • A lack of mutuality existing between employer and employee
  • A disregard for unlocking discretionary effort
Which of the following is NOT an indicator of economic development?
  • Increased per capita income
  • Decreased infant mortality
  • Increased life expectancy at birth
  • Decreased women participation in job market
Which of the following is a reference to manpower planning?
  • The number of people available for a particular type of work
  • Planning in advanced countries making proper use of the manpower resources
  • The development of abilities and skills of the people of an underdeveloped country
  • The steps taken to plan properly the growth of manpower in a country
Within the education sector the highest priority is given to which of the following govt schemes?
  • Technical Education
  • Primary Education
  • High School Education
  • Adult Education
Which of the following ministries lay down the policies and programme for the development and regulation of the country's water resources?
  • Ministry of Rural Development
  • Ministry of Agriculture
  • Ministry of Environment and Forests
  • Ministry of Water Resources
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