12th Class Economics Human Capital Formation In India Question Bank Assertion - Reason - Human Capital Formation in India

  • question_answer
    Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative.
    Assertion (A): We need good human capital to produce other human capital (say, doctors, engineers etc)). It means that we need investment in human capital to produce more human capital out of human resources.
    Reason (R): Investments in education, in health, on-the-job training, migration and information are the sources of human capital formation as this expenditure increases efficiency of human resources.

    A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

    B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).

    C) Assertion (A) is true but Reason (R) is false.

    D) Assertion (A) is false but Reason (R) is true.

    Correct Answer: A

    Solution :

    [a] Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).


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