Establish the need for acquiring informa | Class 11 Economics - Indian Economic Development Chapter Human Capital Formation in India, Human Capital Formation in India NCERT Solutions

Welcome to the NCERT Solutions for Class 11 Economics - Indian Economic Development - Chapter Human Capital Formation in India. This page offers a step-by-step solution to the specific question from Exercise 1, Question 10:

Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.

. With detailed answers and explanations for each chapter, students can strengthen their understanding and prepare confidently for exams. Ideal for CBSE and other board students, this resource will simplify your study experience.

Question 10:

Establish the need for acquiring information relating to health and education expenditure for the effective utilisation of human resources.

Answer:

The degree of availability of jobs, salaries and admissions related information plays an important role in the determination of human capital. The availability of jobs and admissions related information not only help the students to opt for the best choice according to their interest areas but also leads to the effective utilisation of human skills and knowledge. Some of the important medium of catering different information related to jobs, eligibility criteria, posts and salaries are Employment News (Rozgar Samachar), Employment Exchanges, various TV programs and government and non-government websites. While on the one hand, expenditures on education enhance human skills and their utilisations, on the other hand, the expenditure on health improves health, efficiency, quality of living and life expectancy of people.

The expenditure incurred on the availability of medical information and health awareness determines the health of the people. The acceptability and the use of medical information and family welfare programmes are often obstructed by lack of its publicity and promotion. Often people are reluctant to opt for various health measures due to the lack of complete knowledge and information. For example, few years back, people knew very little about polio and about its vaccination. But due to the constant efforts by various government and non-government organisations under the Pulse Polio Immunisation Program, people are now well aware of polio. Therefore, it is due to the continuous publicity and various awareness campaigns, this program have gained public consciousness. Thus, the expenditure on the spread of information (of education and health) determines the effectiveness and efficacy of human capital.


Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

  • Read the question carefully and focus on the core concept being asked.
  • Reference examples and data from the chapter when answering questions about Human Capital Formation in India.
  • Review previous year question papers to get an idea of how such questions may be framed in exams.
  • Practice answering questions within the time limit to improve your speed and accuracy.
  • Discuss your answers with your teachers or peers to get feedback and improve your understanding.

Latest Blog Posts

Stay updated with our latest educational content and study tips

How to Build a Career in Data Analytics Without a Computer Science Degree

All businesses are gathering information on customers, products, employees, and expenditures, and someone must make decisions based on the data. That individual is the data analyst. Unlike many career changers imagine, the job is open to a broader cross-section of the population than a typical career change. A lot of working analysts trained in commerce, … Read more

Read More

Life Insurance vs Health Insurance: Why Families May Need Both

Are often purchased, talked and planned as being a replacement for another. They aren’t. One safeguards your family’s income in your absence and the other safeguards your family’s savings in the event that someone becomes ill. An examination of what they do, what they do not do, and why they are missing it when one … Read more

Read More

Home Loan vs Savings: Compare the Costs Before Buying a Home

Pay upfront, or pay off less and over time? The truth depends on four factors most consumers will never compare at the same time: the interest rate on the house loan, the interest rate on the savings account, the rate of home price appreciation, and the cost of renting the home until you actually buy … Read more

Read More

Business After 30 or a Stable Job: Which Path Should You Choose?

Thirty is when the question starts to get raised and you’re able to do something because you know you have the experience—you know you have the responsibility. Here are some ways to consider the choice based on a realistic assessment without idealizing either aspect. Restlessness is one of those things that appears in your early … Read more

Read More

Related Student Tools

Add Comment

Welcome to the NCERT Solutions for Class 11 Economics - Indian Economic Development - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 10: Establish the need for acquiring information relating to health and education expenditure for the ef....

Ask a Question
Keep learning

Discover More on SaralStudy

Explore all articles