Question : Assertion: Investment in healthcare improves human capital.
Reason: Access to healthcare leads to a healthier and more productive workforce.
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 option is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion that investment in healthcare improves human capital is true. Human capital refers to the knowledge, skills, and health of individuals that contribute to their productivity and economic potential. Investment in healthcare plays a crucial role in improving human capital by ensuring access to necessary medical services, preventive care, and treatments. When individuals have access to healthcare, they can maintain good health, address health issues promptly, and reduce the impact of illnesses on their productivity and overall well-being. By investing in healthcare, societies can enhance the health and well-being of their population, leading to improved human capital.
The reason provided states that access to healthcare leads to a healthier and more productive workforce, which is a correct explanation of the assertion. When individuals have access to healthcare, they can receive timely medical interventions, preventive measures, and necessary treatments that help them maintain good health. A healthier workforce tends to be more productive, as they experience fewer health-related limitations, absenteeism, and can fully utilize their skills and knowledge in the workplace.
Therefore, both the assertion that investment in healthcare improves human capital and the reason that access to healthcare leads to a healthier and more productive workforce are true, and the reason is the correct explanation of the assertion.
Question : Assertion: Investment in human capital leads to higher standards of living.
Reason: Human capital development improves the overall quality of life by expanding employment opportunities and raising incomes.
Question : Assertion: Government policies play a crucial role in promoting human capital formation.
Reason: Government interventions can improve access to education and healthcare services.
Question : Assertion: Investment in human capital leads to sustainable economic growth.
Reason: A skilled workforce enhances productivity and innovation, driving economic development.
Question : Assertion: Investment in higher education improves human capital.
Reason: Higher education equips individuals with specialized knowledge and skills.
Question : Assertion: Investment in education leads to higher productivity.
Reason: Education enhances the skills and knowledge of individuals.
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