What are the indicators of educational achievement in a country Economics CBSE class 11 ncert

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What are the indicators of educational achievement in a country? -Economics CBSE class 11 ncert

Book: Indian Economic Development
Chapter 5: Human Capital Formation in India
(NCERT textbook questions)


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Indicators of educational achievement in a country:
Primary education completion rate: Primary education completion rate is the percentage of students completing the last year of primary school. This rate gives an idea regarding student progression and monitors the coverage of the educational system. This enables to measure human capital formation in terms of quality and efficiency of the educational system. If the primary education completion rate is higher, it reflects the cautious steps of the people towards educating children.  
Adult literacy rate: Adult literacy rate is the percentage of literates in the age group 15 years and above. This measures the stock of literates within the adult population who are able to write and continue to learn. This reflects the accumulated achievement of education in spreading literacy.  
Youth literacy rate: Youth literacy rate is the percentage of literates in the age group 15-24 years. This indicates the accumulated achievement of literacy programmes in imparting literacy skills to people. This is potential for intellectual growth and contributes to socioeconomic development of society.                                                                                                                                                                                           
Over the years, the educational level increased for the adult and youth population in India, but still the number of illiterates is as much as the population was at the time of independence.


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