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Examveda

Human Life Value concept measures the value of a human life on the basis of his

A. Gross earnings

B. Net earnings

C. Total earnings

D. Expenses

Answer: Option B

Solution(By Examveda Team)

Human Life Value concept measures the value of a human life on the basis of his Net earnings. The human life value concept deals with human capital, which is a person's income potential. It goes beyond just the numbers and considers the overall impact of losing someone, especially the breadwinner.

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