Question : Assertion (A): Physical capital aids in the development of human capital.
Reason (R): Since physical capital is passive by nature, human capital aids in the production of physical capital.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true.

Question : Assertion (A): The expansion of a country's economy is significantly influenced by human capital formation
Reason (R): Human capital formation improves the skills and productivity of resources by enabling better resource utilisation.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true

Question : Assertion (A): The components of human capital and human development are complementary to each other.
Reason (R): Human development results from spending on human capital components.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true

Question : Assertion (A): Investing in education and health are important factors in the development of human capital.
Reason (R): The formation of human capital is continual and ongoing

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).
 

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).
 

Option 3: Assertion (A) is true but Reason (R) is False
 

Option 4: Assertion (A) is False but Reason (R) is true.

Question : Assertion (A): Human capital formation is a stock concept.
Reason (R): Variables that are measured at a specific time are referred to as stocks.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A)

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true.