Question : Assertion: Human capital formation requires investment in vocational and technical training.
Reason: Vocational and technical training programs equip individuals with specific skills in various sectors.
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 requires investment in vocational and technical training. Human capital formation refers to the process of developing and enhancing the knowledge, skills, and abilities of individuals
The reason provided is that vocational and technical training programs equip individuals with specific skills in various sectors. This is true because vocational and technical training programs focus on providing practical and industry-specific skills that are directly applicable to the job market. These programs offer specialized training in specific trades, professions, or technical fields, enabling individuals to acquire the necessary competencies and qualifications required for specific occupations. By investing in vocational and technical training, individuals can develop their human capital in a targeted and efficient manner, increasing their employability and productivity.
Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
Question : Assertion: Skills development programs contribute to human capital enhancement.
Reason: Skills development programs equip individuals with industry-specific abilities.
Question : Assertion: Investment in vocational training reduces unemployment rates.
Reason: Vocational training equips individuals with specific skills needed in the job market.
Question : Assertion: The National Skill Development Corporation (NSDC) facilitates skill training programs across various sectors in India.
Reason: NSDC works in partnership with industry sectors to design and implement skill development initiatives.
Question : Assertion: Human capital formation requires a conducive policy environment.
Reason: Well-designed policies and strategies enable individuals to acquire and develop relevant skills and knowledge.
Question : Assertion: Human capital formation requires adequate healthcare services.
Reason: Good health is crucial for individuals to reach their full potential and contribute effectively to the economy.
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