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Exploring Society: India and Beyond (Part 1)

Class 8 · Foundation (Classes 6–9)

Ch 7 · Factors of Production

Real UPSC Prelims questions from 2016–2026, linked to this book. Try each one first, then open the answer. 2026 answers follow UPSC's provisional answer key.

Prelims 2018 · Q49

Consider the following statements:

Human capital formation as a concept is better explained in terms of a process which enables

  1. 1.individuals of a country to accumulate more capital.
  2. 2.increasing the knowledge, skill levels and capacities of the people of the country.
  3. 3.accumulation of tangible wealth.
  4. 4.accumulation of intangible wealth.

Which of the statements given above is/are correct?

  1. (a)1 and 2
  2. (b)2 only
  3. (c)2 and 4
  4. (d)1, 3 and 4
Show answer

UPSC's answer: (c)

NCERT answers it: Class 11 Indian Economic Development, Ch 4 (Human Capital Formation in India); Class 8 Exploring Society: India and Beyond (Part 1), Ch 7 (Factors of Production).

Indian Economic Development (ch 4): physical capital is tangible, human capital is intangible. Exploring Society, Class 8 Part 1 (ch 7): human capital means skills, knowledge and abilities. So 2 and 4: (c).

Hindi version: UPSC's official question paper (2018), question 49 ↗

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