Question

Which of the following is not a source of human capital formation?

(a) Expenditure on infrastructure

(b) Expenditure on education

(c)Expenditure on on-the-job training

(d) Expenditure on Migration​

Answer 1

Answer:

(d) Expenditure on Migration

Answer 2

The expenditure on infrastructure is not a source of human capital formation.

• Human capital formation is the process of adding values to the human capital resource. It can be done by learning a new skill, better education, better healthcare, etc.
• Migration helps the human capital formation by providing better opportunities in a new place for the growth and development of human resources.
• Education and on the job training help in the advancement of the skillset of the human resource.

The answer is(a) expenditure on infrastructure