ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Consider the following Statements. Assertion

    (A): We need investment in human capital to produce more human capital out of human resources Reason (R): We need good human capital to produce other human capital. Choose the correct answer using the options given below:
    A Both A and R are individually correct and R is the correct explanation of A Correct Answer Incorrect Answer
    B Both A and R are individually correct but R is not the correct explanation of A Correct Answer Incorrect Answer
    C A is correct but R is not Correct Answer Incorrect Answer
    D A is incorrect but R is correct Correct Answer Incorrect Answer
    E Both A & R are incorrect Correct Answer Incorrect Answer

    Solution

    Societies need sufficient human capital in the first placeтАФin the form of competent people who have themselves been educated and trained as professors and other professionals. In other words, we need good human capital to produce other human capital (say, nurses, farmers, teachers, doctors, engineers...). This means that we need investment in human capital to produce more human capital out of human resources.

    Practice Next
    More Economic and Social Issues ESI Questions
    ask-question