Question : Assertion: Continuous learning and upskilling are essential for maintaining human capital relevance.
Reason: Technological advancements require individuals to update their skills to remain employable.
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.
Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Solution : The correct option is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion that continuous learning and upskilling are essential for maintaining human capital relevance is true. In today's rapidly changing world, where technological advancements and automation are transforming industries, individuals need to continually update their skills to remain relevant in the job market. The skills that were in demand in the past may become obsolete, while new skills and knowledge become essential for employment and career growth. Continuous learning and upskilling allow individuals to adapt to evolving job requirements, stay competitive, and seize new opportunities in the labor market. It is crucial for individuals to invest in their own learning and development to maintain their human capital's value and enhance their employability.
The reason provided states that technological advancements require individuals to update their skills to remain employable, which is the correct explanation of the assertion. Technological advancements, such as automation, artificial intelligence, and digitalization, are reshaping industries and changing the nature of work. Jobs that can be automated are being replaced by machines, while new jobs that require advanced technical skills are emerging. Therefore, individuals need to update their skills and acquire new knowledge to adapt to these technological changes and remain employable. Continuous learning and upskilling help individuals align their skills with the evolving demands of the labor market, ensuring their human capital remains relevant.
Hence, both the assertion that continuous learning and upskilling are essential for maintaining human capital relevance and the reason that technological advancements require individuals to update their skills to remain employable are true, and the reason is the correct explanation of the assertion.
Question : Assertion: Human capital is a driver of innovation and technological progress.
Reason: Highly skilled individuals are more likely to contribute to scientific and technological advancements.
Question : Assertion: Industrial sector reforms aimed to encourage private sector participation.
Reason: Private sector participation can bring in investment and technological advancements.
Question : Assertion: Education enhances the earning potential of individuals.
Reason: Higher educational qualifications are correlated with higher wages.
Question : Assertion: Technological advancements reduce the demand for unskilled labor.
Reason: Technological progress increases the demand for skilled labor.
Question : Assertion: Human capital fosters economic resilience and adaptability.
Reason: Skilled individuals can easily transition to new industries and occupations.
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