Economics MCQ Class 12 Chapter 5 Part B: Check the below NCERT MCQ Questions for Economics MCQ Class 12 Chapter 5 Part B with Answers Pdf free download. Economics MCQ Class 12 Chapter 5 Part B Questions for Economics with Answers were prepared based on the latest exam pattern. We have provided Economics MCQ Class 12 Chapter 5 Part B with Answers to help students understand the concept very well.

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Economics MCQ Class 12 Chapter 5 Part B

1. Which level of education takes a major share of total education expenditure in India?
(A) Elementary
(B) Secondary
(C) Higher
(D) Tertiary

2. When was Right to Education Act enacted?
(A) 2008
(B) 2009
(C) 2010
(D) 2012

3. Which of the following is not a merit of human capital formation?
(A) Improves technical knowledge
(B) Enlarges the size of business
(C) Increases cost of production
(D) Changes social outlooks

4. What percent of GDP was invested in education in the year 1952?
(A) 7.92 percent
(B) 11.7 percent
(C) 0.64 percent
(D) 3.31 percent

5. Which of the following is not an indicator of education level?
(A) Years of schooling
(B) Life expectancy
(C) Teacher-pupil ratio
(D) Enrollment rate

6. Which of the following is not the role of on-the-job training?
(A) Eradicates inequality
(B) Encourages innovation
(C) Promotes modern methods
(D) Enhances productivity

7. Which of the following institutes comes under the health sector?
(A) NCERT
(B) UGC
(C) AICTE
(D) ICMR

8. Individuals invest in education with the objective of increasing their future ________.
(A) Income
(B) Expenses

9. Economic growth means the ________ in real national income of a country.
(A) Increase
(B) Decrease
(C) Both of these
(D) None of these

10. _______ is the prime funding authority for university education.
(A) UGC
(B) NAAC
(C)  AICTE
(D) None of these

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