{"id":2527,"date":"2024-03-05T15:33:49","date_gmt":"2024-03-05T15:33:49","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=2527"},"modified":"2024-03-05T15:33:49","modified_gmt":"2024-03-05T15:33:49","slug":"increasing-investment-in-human-capital-leads-towards","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/increasing-investment-in-human-capital-leads-towards\/","title":{"rendered":"Increasing investment in human capital leads towards"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Proper utilization of resources&#8221; option2=&#8221;Increase in productivity&#8221; option3=&#8221;Development of skill&#8221; option4=&#8221;All of the above&#8221; correct=&#8221;option4&#8243;]<!--more--><\/p>\n<p>The correct answer is (d).<\/p>\n<p>Increasing investment in human capital leads towards proper utilization of resources, increase in productivity, and development of skill.<\/p>\n<ul>\n<li>Proper utilization of resources: When people are well-educated and have the skills they need, they are better able to use resources efficiently. For example, a farmer with a good understanding of agricultural techniques will be able to produce more food with the same amount of land and water.<\/li>\n<li>Increase in productivity: When people are more productive, they can produce more goods and services. This leads to economic growth and higher standards of living.<\/li>\n<li>Development of skill: When people are given the opportunity to learn and develop their skills, they are better able to contribute to society. This can lead to innovation, progress, and a more prosperous future.<\/li>\n<\/ul>\n<p>In conclusion, increasing investment in human capital is essential for economic growth and development. It leads to the proper utilization of resources, increase in productivity, and development of skill.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Proper utilization of resources&#8221; option2=&#8221;Increase in productivity&#8221; option3=&#8221;Development of skill&#8221; option4=&#8221;All of the above&#8221; correct=&#8221;option4&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-2527","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Increasing investment in human capital leads towards<\/title>\n<meta name=\"description\" content=\"Increasing 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