Q.20:- In your view, is it essential for the government to regulate the fee structure in education and health care institutions? If so, why?   Answer Yes, the government must regulate…

Q.19:- What are the main problems of human capital formation in India?   Answer:- Main problems of human capital formation in India are: Rising Population. Rapidly rising population adversely affects the…

Q.18:- Argue in favour of the need for different forms of government intervention in education and health sectors.   Answer There is a need for different forms of government intervention in education and…

Q.17:- Discuss the need for promoting women’s education in India.   Answer:- Women have always been neglected in the field of education. If a nation wants to accelerate its economic growth…

Q.16:- Trace the relationship between human capital and economic growth.   Answer There is a positive relationship between human capital and economic growth. Human capital formation raises the process of economic…

Q.15:- Bring out the need for on-the-job-training for a person.   Answer On-the-job training is the most effective kind of training to a trainee, imparting him the technical skills and know-how…

Q.14:- Explain how investment in education stimulates economic growth.   Answer:- Education is an important source of human capital formation. Investment in education stimulates economic development in the following ways: Raises…

Q.13:- Examine the role of education in the economic development of a nation.   Answer The role of education in the economic development of a nation are: 1. Knowledge and skills:…

Q.12:- There is a downward trend in inequality world-wide with a rise in the average education levels. Comment.   Answer The access to better education reduces the inequalities of income….

Q.11:- How does investment in human capital contribute to growth?   Answer Investment in human capital contribute growth by: 1. Raising productivity: The skilled and healthy labours make utilisation of the material…