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.
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 :
For economic progress, human capital is as vital as physical capital. The process of increasing the stock of human capital through time is known as human capital formation. Through providing improved education, healthcare facilities, and other resources, human capital can be developed by producing a talented, trained, and effective labor force.
Hence option b is the correct answer.