12th Class Economics Human Capital Formation In India Question Bank Case Based MCQs - Human Capital Formation in India

  • question_answer
    In the context of the paragraph, it can be argued that human capital depreciates faster than the physical capital. The given statement is:

    A) True

    B) False

    C) Partially true

    D) Can't comment due to lack of proper estimation mechanism

    Correct Answer: B

    Solution :

    Physical capital depreciates faster than human capital as the extent of depreciation can be reduced through continuous investment in education, health etc.


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