Question : Assertion (A): The expansion of a country's economy is significantly influenced by human capital formation
Reason (R): Human capital formation improves the skills and productivity of resources by enabling better resource utilisation.
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 the correct explanation
of Assertion (A)
Solution :
The main purpose of human capital formation is to bring about a change in the productivity of the population of a country or in other words, to increase the productivity of the population of the country.
Hence option a is the correct answer.
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