Question : Statement 1: Investment in education is the only factor that contributes to human capital formation.
Statement 2: Investment in healthcare and nutrition also plays a significant role in human capital formation.
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.
Correct Answer: Statement 1 is true, and statement 2 is true.
Solution : The correct answer is (a) Statement 1 is true, and statement 2 is true.
Statement 1 is true. Investment in education is indeed a crucial factor in human capital formation. Education equips individuals with knowledge, skills, and abilities, which are essential components of human capital. Through education, individuals acquire specialized knowledge, develop critical thinking skills, and enhance their overall capabilities.
Statement 2 is also true. While education is a significant contributor to human capital formation, it is not the only factor. Investment in healthcare and nutrition is equally important. Good health and proper nutrition are fundamental for individuals to realize their full potential and effectively utilize their human capital. Access to healthcare services and adequate nutrition positively impact individuals' well-being and ability to participate fully in economic and social activities.
Therefore, both statement 1 and statement 2 are true.
Question : Statement 1: Inadequate social protection measures can perpetuate poverty.
Statement 2: Social protection programs such as pensions, healthcare, and education subsidies can help reduce poverty and inequality.
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.
Question : Statement 1: The services sector contributes significantly to the GDP of India, Pakistan, and China.
Statement 2: Services such as banking, education, healthcare, and tourism play a crucial role in the economies of these countries.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Question : Assertion: Government policies play a crucial role in promoting human capital formation.
Reason: Government interventions can improve access to education and healthcare services.
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.
Question : The "Integrated Child Development Services (ICDS)" scheme provides:
Option 1: Free education to children in rural areas
Option 2: Skill development training for unemployed youth
Option 3: Nutrition and healthcare services to children and pregnant women
Option 4: Financial assistance for higher education to marginalized students
Question : The poverty line is defined as the minimum level of income required to meet the:
Option 1: Basic needs of a family
Option 2: Luxurious lifestyle of a family
Option 3: Expenses of education and healthcare only
Option 4: Expenses of food and clothing only
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