Returns on Education MCQs
Returns on Education MCQs
Class: 11 | Subject: Economics | Section: Human Capital Formation |
Topic: Returns on Education | CBSE Board Examination Preparation
Instructions: These Multiple Choice Questions (MCQs) are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 11 Board Examination preparation. Each question includes detailed and easy-to-understand explanations for concept clarity.
1. Returns on education refer to:
Answer: B
Returns on education are the economic and social benefits received from investment in education, such as higher income and productivity.
Returns on education are the economic and social benefits received from investment in education, such as higher income and productivity.
2. Private returns to education include:
Answer: D
Individuals benefit through income rise, employment opportunities, and improved living standards.
Individuals benefit through income rise, employment opportunities, and improved living standards.
3. Social returns to education refer to:
Answer: B
Society benefits through economic growth, social awareness, and technological progress.
Society benefits through economic growth, social awareness, and technological progress.
4. Education increases earning capacity by:
Answer: B
Skilled workers are more productive and earn higher wages.
Skilled workers are more productive and earn higher wages.
5. Which is a non-monetary return to education?
Answer: C
Education brings awareness, dignity, and social status beyond financial gains.
Education brings awareness, dignity, and social status beyond financial gains.
6. Higher education generally leads to:
Answer: B
Advanced qualifications improve job prospects.
Advanced qualifications improve job prospects.
7. Education contributes to national income via:
Answer: D
Human capital drives GDP growth.
Human capital drives GDP growth.
8. Female education yields returns in:
Answer: D
Educated women enhance social development indicators.
Educated women enhance social development indicators.
9. Education reduces:
Answer: D
Education improves employability and income distribution.
Education improves employability and income distribution.
10. Returns on education are highest in:
Answer: A
Specialized skills command higher wages.
Specialized skills command higher wages.
11. Social return includes:
Answer: D
Education strengthens institutions and productivity.
Education strengthens institutions and productivity.
12. Private return is measured by:
Answer: A
It reflects personal financial gain.
It reflects personal financial gain.
13. Education investment is profitable because it:
Answer: D
Multiple economic benefits arise.
Multiple economic benefits arise.
14. Non-economic returns include:
Answer: D
Education improves quality of life.
Education improves quality of life.
15. Education promotes democracy through:
Answer: D
Educated citizens strengthen governance.
Educated citizens strengthen governance.
16. Returns on education justify:
Answer: D
Education yields high long-term returns.
Education yields high long-term returns.
17. Which sector gains most from educated labour?
Answer: D
Knowledge sectors depend on education.
Knowledge sectors depend on education.
18. Education increases labour mobility by:
Answer: D
Educated workers shift across jobs easily.
Educated workers shift across jobs easily.
19. Long-term return of education is:
Answer: D
Education drives sustainable development.
Education drives sustainable development.
20. Overall, returns on education lead to:
Answer: D
Education investment yields wide-ranging benefits.
Education investment yields wide-ranging benefits.
