6 Views

Question : Statement 1: Human capital formation is a one-time process that occurs during early childhood.

Statement 2: Human capital formation is a lifelong process that continues throughout an individual's life.

 

Option 1: Statement 1 is true, and statement 2 is true.

Option 2: Statement 1 is true, but statement 2 is false.

Option 3: Statement 1 is false, but statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Statement 1 is false, but statement 2 is true.


Solution : The correct answer is (c) Statement 1 is false, but statement 2 is true.

Statement 1 is false. Human capital formation is not a one-time process that occurs solely during early childhood. While early childhood is a critical period for human capital development, it is not the only phase. Human capital formation is an ongoing and lifelong process that continues throughout an individual's life. It involves acquiring knowledge, skills, and experiences through various stages of education, training, and work.

Statement 2 is true. Human capital formation is indeed a lifelong process. It includes continuous learning, skill development, and adaptation to changing economic and social demands. Individuals have the opportunity to enhance their human capital through formal education, vocational training, on-the-job learning, and personal development activities at different stages of their lives.

Therefore, statement 1 is false, and statement 2 is true.

 

Related Questions

Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Great Lakes PGPM & PGDM Admis...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books