NCERT Solutions for Class 11 Economics - Chapter 5 - Human Capital Formation in India

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Class 11 NCERT Solutions Indian Economic Development - Chapter 5 - Free PDF Download

Vedantu offers Indian Economics NCERT Solutions for Class 11. Indian Economics is a subject where a lot of students struggle due to a lack of understanding with little or no explanation of the relevant topics. We provide explanations given by our expert teachers based on NCERT guidelines. Vedantu provides every aspiring student with a cluster of knowledge on every subject like English, Hindi, Mathematics, Physics and others. Everything is explained in detail with references given from real life so that the students understand the concept with ease. Today, we shall be studying Human Capital Formation in India. Students can download the free PDF of Class 11 Economics Chapter 5 Human Capital Formation in India.

NCERT Solutions for Class 11 Economics Chapter 5 Human Capital Formation In India part-1
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FAQ (Frequently Asked Questions)

1. Explain the role of government organizations in facilitating the functioning of hospitals and schools in India.

To ensure the smooth functioning of various departments, government organizations are needed to review, allocate, and approve the money, facilities, operations, machines and relaxations for every citizen of India.  There are various government organizations taking care of education, training, and healthcare services in India. Some of them are as follows:

  1. National Council of Education Research and Training (NCERT): This body is responsible for the development of curriculum up to class 12th. It is headquartered in New Delhi.

  2. All India Council of Technical Education (AICTE):  The AICTE is the superior body taking care of technical education in India. Every technical institute must be approved by the AICTE. It is headquartered in New Delhi.

  3. University Grant Commission (UGC): The prime authority that issues University status to educational institutions.

  4. Indian Council for Medical Research (ICMR): This body is in charge of Education and Research in medicine.

2. What is the state of Human Capital in the world today?

We have been evolving for 25 years now. Multiple challenges still exist for everyone, most importantly, for developing countries.

  • Approximately 21.3% of the young generation is shorter than the average height which may indicate cognitive and physical deficits in them.

  • About 80$ are spent per person to access healthcare services, which equals to half a trillion dollars. The poor are worst hit by this.

  • Talking about the poorest nations, every four out of five people face social safety threats, which is very alarming.

  • Diarrhoea kills more than 300000 children in Africa due to a lack of access to sanitation, clean water and health services.

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