41 Views

Question : Assertion: Investment in human capital leads to sustainable economic growth.

Reason: A skilled workforce enhances productivity and innovation, driving economic development.

 

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.


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

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 human capital leads to sustainable economic growth. Human capital refers to the knowledge, skills, and abilities that individuals possess and contribute to economic productivity. The reason provided is that a skilled workforce enhances productivity and innovation, which are essential drivers of economic development. When individuals have the necessary skills and knowledge, they can contribute more effectively to the production process, leading to increased productivity. Additionally, skilled workers are more likely to engage in innovation and technological advancements, which further contribute to economic growth. Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.

Related Questions

Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
UPES | BBA Admissions 2025
Apply
#41 in NIRF, NAAC ‘A’ Grade | 100% Placement, up to 30% meritorious scholarships | Last Date to Apply: 28th Feb
MAHE Manipal M.Tech 2025
Apply
NAAC A++ Accredited | Accorded institution of Eminence by Govt. of India | NIRF Rank #4
Sanskriti University LLM Admi...
Apply
Best innovation and research-driven university of Uttar Pradesh
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books