New One Goal, Three Exams: Strategies for Mastering RBI, SEBI, and IFSCA Exams
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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 place—in 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.

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