Question : Assertion: Investment in higher education improves human capital.
Reason: Higher education equips individuals with specialized knowledge and skills.
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 answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.
The assertion states that investment in higher education improves human capital. Higher education refers to post-secondary education, such as college or university, where individuals acquire specialized knowledge and skills in specific fields of study. The reason provided is that higher education equips individuals with specialized knowledge and skills. This is accurate because higher education programs are designed to provide in-depth knowledge and training in specific disciplines, preparing individuals for professional roles that require advanced skills and expertise. By investing in higher education, individuals gain the necessary qualifications and competencies that contribute to their human capital, making them more valuable and productive in the labor market. Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
