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

  • question_answer
    Investment in education by parents is the same as ......... .

    A) investment in intermediate goods by companies

    B) investment in CSR activity by companies

    C) investment in capital goods by companies

    D) None of the above

    Correct Answer: C

    Solution :

    Individuals invest in education with an objective of increased future income while companies invest in capital goods with an objective of increased future profits over a period of time.


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