Question : Assertion: Investment in human capital leads to sustainable economic growth.
Reason: A skilled workforce enhances productivity and innovation, driving economic development.
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 sustainable economic growth. Human capital refers to the knowledge, skills, and abilities that individuals possess and contribute to economic productivity. The reason provided is that a skilled workforce enhances productivity and innovation, which are essential drivers of economic development. When individuals have the necessary skills and knowledge, they can contribute more effectively to the production process, leading to increased productivity. Additionally, skilled workers are more likely to engage in innovation and technological advancements, which further contribute to economic growth. Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
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: 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: Investment in education leads to higher productivity.
Reason: Education enhances the skills and knowledge of individuals.
Question : Assertion: Human capital is a determinant of economic productivity.
Reason: Skilled individuals are more efficient and effective in their work, leading to increased productivity.
Question : Assertion: Economic growth alone is sufficient to eliminate poverty.
Reason: Economic growth leads to increased income levels, resulting in poverty reduction.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile