Question : Assertion: Physical capital is tangible in nature Reason: Physical capital can be seen and touchable.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)
Option 3: Assertion (A) is true but Reason (R) is False
Option 4: Assertion (A) is False but Reason (R) is true.
Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Solution : Physical capital refers to tangible, man-made objects that a company purchases or invests in and uses to produce goods. Physical capital items, such as manufacturing equipment, are also classified as fixed capital because they are reusable and not consumed during the manufacturing process. Hence option a is the correct answer.
Question : Assertion (A): Physical capital aids in the development of human capital. Reason (R): Since physical capital is passive by nature, human capital aids in the production of physical capital.
Question : Assertion (A): The effective use of physical capital necessitates the formation of human capital Reason (R): The development of human capital increases people's life expectancies.
Question : Assertion (A): Investing in education and health are important factors in the development of human capital. Reason (R): The formation of human capital is continual and ongoing
Question : Assertion (A): The components of human capital and human development are complementary to each other. Reason (R): Human development results from spending on human capital components.
Question : Assertion (A): In India, there are significant and growing regional differences. Reason (R): As a result, several regions have seen ongoing political instability.
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