CBSE 2021 Class 12 Economics Term 1 Paper

Question : 29

Total: 60

Identify the in correct statement from the following:

Human capital represents enhanced labour productivity.
Investment in human capital enhances efficiency and skills, implying economic growth.
Human capital is separable from its owner.
Human capital treats human beings as a means to an end.

Solution:

(c) Human capital is separable from its owner.
Explanation: Human capital is in separable from its owner because human capital refers to stock of knowledge talent, skill and abilities brought in by the employee to the organisation.

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