Indian Economic Development

Human Capital Formation

Easy

The education cess levied by Government of India is earmarked for-

Education loans for foreign education.

Spending on elementary education.

Spending on secondary education

Spending on senior secondary education

✅ Correct Option: 2

The education cess of 2 per cent on all Union taxes was introduced in 2004-05 with its revenue earmarked specifically for spending on elementary education, supplementing government expenditure on universal elementary schooling.

2026: 20 May Shift 1

Arrange the following in chronological order (oldest to latest).

(A) National Education Policy.

(B) The Right of Children to Free and Compulsory Education Act.

(D) The Education Commission.

Choose the correct answer from the options given below:

2026: 11 May Shift 2

Which among the following is the source of human capital formation?

2026: 21 May Shift 1

On which level of education government spends revenue generated through education cess on all union taxes?

2026: 21 May Shift 2

Arrange the following events in descending order of time (latest to oldest).

A. The Right of Children to Free and Compulsory Education Act.

B. The National Education Policy.

C. The Education Commission.

D. The Tapas-Majumdar Committee.

Choose the correct answer from the options given below:

2026: 11 May Shift 1

Match the LIST-I with LIST-II

LIST-I		LIST-II
A.	ICMR	I. Agricultural research
B.	AICTE	II. Health Sector
C.	NABARD	III. Technical education
D.	ICAR	IV. Agricultural credit

Choose the correct answer from the options given below:

2026: 21 May Shift 1

Identify the source of human capital formation which is used as a means to increase labour productivity?

The education cess levied by Government of India is earmarked for-

Solution

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