Question : Assertion: On-the-job training enhances human capital formation.
Reason: On-the-job training provides practical skills and knowledge relevant to specific job requirements.
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 on-the-job training enhances human capital formation. On-the-job training refers to the acquisition of skills and knowledge through practical experience and training provided by employers within the work environment. The reason provided is that on-the-job training provides practical skills and knowledge relevant to specific job requirements. This is accurate because on-the-job training allows individuals to develop job-specific skills, gain hands-on experience, and acquire knowledge that is directly applicable to their work tasks and responsibilities. By receiving training and learning while performing their jobs, individuals enhance their capabilities, improve their performance, and expand their human capital. On-the-job training is an effective way to bridge the gap between theoretical knowledge and practical application, contributing to the overall development and growth of individuals' skills and abilities. Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
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.
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: Investment in vocational training reduces unemployment rates.
Reason: Vocational training equips individuals with specific skills needed in the job market.
Question : Assertion: Skills development programs contribute to human capital enhancement.
Reason: Skills development programs equip individuals with industry-specific abilities.
Question : Assertion: A functional structure enhances specialized skills within an organization.
Reason: It groups employees based on similar functions or expertise.
Option 4: Assertion is false, but the reason is true
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