Question : Assertion: Human capital formation contributes to overall national development.
Reason: Developed human capital strengthens a country's economic competitiveness and social progress.
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.
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 human capital formation contributes to overall national development. Human capital formation refers to the process of developing and enhancing the knowledge, skills, and abilities of individuals within a country.
The reason provided is that developed human capital strengthens a country's economic competitiveness and social progress. This is true because when a country invests in developing the skills, knowledge, and capabilities of its population, it creates a skilled workforce that is more productive and innovative. Skilled individuals contribute to economic growth, productivity improvements, and technological advancements, which enhance a country's economic competitiveness. Additionally, human capital development also improves social progress by promoting social mobility, reducing income inequality, and fostering social cohesion.
Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
Question : Assertion: Human capital is a valuable economic resource.
Reason: Human capital contributes to economic growth and development.
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.
Question : Assertion: Human capital is a determinant of economic competitiveness.
Reason: Highly skilled individuals contribute to the growth and productivity of industries.
Question : Assertion: Investment in human capital contributes to sustainable development.
Reason: A skilled workforce enhances the overall well-being of society and promotes long-term economic growth.
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
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile