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
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 not the correct explanation
of Assertion (A).
Solution :
Individuals that invest in their education are able to build their human capital, which aids them in improving their labor productivity and efficiency. Investing in education is therefore just as efficient as spending on tangible assets. A person with more education has a greater social position.
Hence option b is the correct answer.
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