Social Capital Definition
Question
In the context of any country, which one of the following would be considered as part of its social capital?
Options
The proportion of literates in the population
The stock of its buildings, other infrastructure and machines
The size of population in the working age group
The level of mutual trust and harmony in the society
Explanation
Social capital refers to the intangible assets that enable effective functioning of a society through networks of relationships, trust, mutual understanding, and shared norms and values. It includes the level of mutual trust, cooperation, harmony, and social cohesion within communities. Option a relates to human capital (literacy/education), option b represents physical capital (infrastructure and machines), and option c relates to labor force characteristics. Only option d correctly identifies social capital as the institutional and relational fabric that facilitates cooperation and collective action. > Social capital = trust, harmony, networks, shared norms enabling cooperation. Answer: d.
Question details
Year
2019
Paper
GS Paper 1
Question
Q80
Subject
Economy
Sub-topic
Economic Concepts
Type
Factual single
Difficulty
Medium
Nature
Static
Source hint
NCERT Economics
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