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Which of the following indicates the human capital formation in India?

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a

Green Revolution

b

IT revolution

c

Labour Revolution

d

White revolution

answer is B.

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Detailed Solution

India's IT revolution indicates Human Capital Formation. From this consequence, human capital has acquired a higher position than material, plant, and machinery. Human resource promotion by becoming more educated and healthy is called Human Capital Formation. India's green revolution is a notable example of how the input of appreciable knowledge in the form of improved production technologies can quickly increase the productivity of scarce land resources.

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Which of the following indicates the human capital formation in India?