CBSE Class 12 Economics sample paper 2026-27: question 21
From the official CBSE sample question paper for 2026-27, section B, question 21, for 1 mark. Try it first; the hints and our step-by-step solution are below.
Q21 · 1 mark · MCQHuman Capital Formation in India
‘Empirical evidence regarding the impact of human capital on economic growth is often described as nebulous.’
Due to measurement problems, _________ may not reflect the actual quality/status of education/health of the people in a country.
(i) years of schooling
(ii) teacher-pupil ratio
(iii) life-expectancy (Choose the correct option to fill up the blank)
- (A)(i) and (ii)
- (B)(i) and (iii)
- (C)(ii) and (iii)
- (D)(i), (ii) and (iii)
Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2026-27.
Hints
Open one hint at a time and try again before the next.
Hint 1
Does years of schooling tell you what was learnt?
Hint 2
Does a longer life always mean a healthy life?
Step-by-step solution
Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.
Years of schooling and teacher–pupil ratio measure the quantity of education, not its quality; life expectancy measures length of life, not its quality.
- 1 mark
Because of these measurement problems, all three may fail to reflect the actual quality or status of education and health. Option (D).
Answer: (D) (i), (ii) and (iii)
Where the marks are
- All three indicators have measurement problems (1 mark)
Revise the chapter
- Chapter: Human Capital Formation in India (notes, formulas, where marks are lost and every past question)
- Topic: Human Capital, Physical Capital, Growth and Human Development
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