Exam Study PK (Page 112)

Education which does not increase productive capacity directly may be termed as

Education which does not increase productive capacity directly may be termed as: (a) Non-productive education (b) Social education (c) Consumption education (d) None ✅ Correct option: (c) Explanation: When education does

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Education which increases productive capacity may be termed as:

Education which increases productive capacity may be termed as: (a) Productive education (b) Financial education (c) Investment education (d) None ✅ Correct option: (c) Explanation: Education that increases productivity is considered

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Economics of education may also measure profitability of people in the light of the:

Economics of education may also measure profitability of people in the light of the: (a) Tasks they perform (b) Wages they receive (c) Positions they acquire (d) None ✅ Correct option:

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25 Nov 2025 · 1 min read

economic foundations of education

In economic perspective, the process of education can be analysed as a/an:

In economic perspective, the process of education can be analysed as a/an: (a) Management decision (b) Services decision (c) Investment decision (d) None ✅ Correct option: (c) Explanation: Education is

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25 Nov 2025 · 1 min read

economic foundations of education

While discussing economics of education, it is generally believed that people with more education:

While discussing economics of education, it is generally believed that people with more education: (a) Earn more (b) Work more (c) Both a & b (d) None ✅ Correct option: (a)

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25 Nov 2025 · 1 min read

economic foundations of education

Economics of education studies education as preparation for

Economics of education studies education as preparation for (a) Economy of a country (b) Traditions of a country (c) Civilization (d) None ✅ Correct option: (a) Explanation: Education prepares people to

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Economics of education studies why people decide

Economics of education studies why people decide (a) To admit children in schools (b) To invest in recreation (c) To invest in education (d) None ✅ Correct option: (c) Explanation: It

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25 Nov 2025 · 1 min read

economic foundations of education

To determine educational investment volume, we need

To determine educational investment volume, we need (a) Increase in exports/imports (b) Increase in national product (c) Both (d) None ✅ Correct option: (b) Explanation: Education investment depends on national

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Cost of education varies with

Cost of education varies with (a) Number of institutions (b) Number of students (c) Quality of education (d) All above ✅ Correct option: (d) Explanation: These all determine total educational costs.

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Human capital concept connects

Human capital concept connects (a) Educational & social development (b) Educational & moral development (c) Educational & economic development (d) All above ✅ Correct option: (c) Explanation: Human capital theory links

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Development of education by foreign nationals is not desirable because of

Development of education by foreign nationals is not desirable because of (a) Social reasons (b) Education reasons (c) Economic reasons (d) All above ✅ Correct option: (d) Explanation: Foreign-controlled systems may

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Challenge for educational economists is

Challenge for educational economists is (a) Unemployment (b) Unconsciousness (c) Unfortunate (d) Unwillingness ✅ Correct option: (a) Explanation: Educated people often face unemployment or underemployment.

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Developing nations have limited

Developing nations have limited (a) Factories (b) Job opportunities (c) White collar jobs (d) None ✅ Correct option: (b) Explanation: Many educated people face shortage of jobs.

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

In poor countries, demand vs supply puts strain on

In poor countries, demand vs supply puts strain on (a) Economic system (b) Education system (c) Social system (d) None ✅ Correct option: (b) Explanation: High demand but low resources pressure

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Education is an industry because

Education is an industry because (a) It has workers (b) It has investments and profits (c) It has inputs and outputs (d) None ✅ Correct option: (c) Explanation: Like industries, education

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Manpower forecasting is directly relevant to

Manpower forecasting is directly relevant to (a) Education system (b) Professional trends (c) Working relationship (d) None ✅ Correct option: (a) Explanation: It guides how education systems should prepare workers.

Tauseef Ahmad

25 Nov 2025 · 1 min read

Skilled manpower projections calculate

Skilled manpower projections calculate (a) Workers in factories (b) Number of educated people required (c) Both a & b (d) None ✅ Correct option: (b) Explanation: Forecasting manpower requires knowing needed

Tauseef Ahmad

25 Nov 2025 · 1 min read

economic foundations of education

Economy cannot work without modern

Economy cannot work without modern (a) Machinery (b) Techniques (c) Computers (d) Education ✅ Correct option: (d) Explanation: Modern education is essential for an advanced economy.

Tauseef Ahmad

25 Nov 2025 · 1 min read