Question : Assertion: Investment in human capital leads to reduced poverty rates.
Reason: Human capital development creates opportunities for individuals to escape poverty through better employment prospects.
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 investment in human capital leads to reduced poverty rates. Human capital development refers to the improvement of individuals' skills, knowledge, and capabilities through education, training, and other forms of learning. The reason provided is that human capital development creates opportunities for individuals to escape poverty through better employment prospects. This is true because individuals with enhanced human capital are more likely to secure higher-paying jobs, have increased earning potential, and possess the skills and qualifications needed for economic advancement. As a result, they are better positioned to lift themselves out of poverty and improve their living standards. Therefore, both the assertion and the reason are true, and the reason correctly explains 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: Economic growth alone is sufficient to eliminate poverty.
Reason: Economic growth leads to increased income levels, resulting in poverty reduction.
Question : Assertion: Investment in higher education improves human capital.
Reason: Higher education equips individuals with specialized knowledge and skills.
Question : Assertion: Skills development programs contribute to human capital enhancement.
Reason: Skills development programs equip individuals with industry-specific abilities.
Question : Assertion: Unemployment is a major cause of poverty in India.
Reason: Lack of employment opportunities leads to a decline in income and living standards.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile