11 Views

Question : Assertion: Effective utilization of human capital drives economic competitiveness.

Reason: A skilled workforce enhances productivity, innovation, and adaptability, making a country more competitive in the global market.

 

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.

Option 3: Assertion is true, but the reason is false.

Option 4: Assertion is false, but the reason is true.


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.


Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The assertion states that effective utilization of human capital drives economic competitiveness. Human capital refers to the skills, knowledge, and capabilities of individuals within a workforce. 

The reason provided is that a skilled workforce enhances productivity, innovation, and adaptability, making a country more competitive in the global market. This is true because skilled individuals contribute to higher productivity levels, leading to increased output and efficiency in various industries. Additionally, their ability to innovate and adapt to changing market conditions enhances a country's competitiveness by staying ahead in technology and industry trends. 

Therefore, both the assertion and the reason are true, and the reason is the correct explanation of the assertion.

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
MAHE Online MBA
Apply
Apply for Online MBA from Manipal Academy of Higher Education (MAHE)
Great Lakes Institute of Mana...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2026
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
IBSAT 2025-ICFAI Business Sch...
Apply
IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books