Q. In the context of any country, which one of the following would be considered as part of its social capital?

• 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

Answer: (d) The level of mutual trust and harmony in the society

Notes:

• The stock of its buildings, other infrastructure, and machines implies a physical capital.
• Social capital is the values, beliefs, and attitudes that govern the nature of social interactions.
• Social capital refers to connections among individuals – social networks and the norms of reciprocity and trustworthiness that arise from them i.e the level of mutual trust and harmony in the society.