Human Capital Formation in India
1 Board Economics previous year questions on Human Capital Formation in India — options free on every question; 1 include the answer & explanation free, the rest unlock with PYQ Pass.
Read the following statements: Assertion (A) and Reason (R).
Choose the correct option from those given below. 1
Assertion (A): Education facilitates the assimilation of knowledge and competencies. It also fosters inventive capacities and enhances the aptitude to integrate advanced technology.
Reason (R): Education plays a pivotal role in transforming cognitive perspectives and serves as a catalyst for the economic advancement of a nation.
Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
Explanation:
Assertion (A) is True
Education helps individuals:
- Acquire knowledge and skills,
- Develop innovation and creativity,
- Adapt and use advanced technology efficiently.
Thus, education improves human capital and productivity.
Reason (R) is also True
Education changes people’s thinking ability, awareness, and decision-making capacity. It also promotes:
- Economic growth,
- Technological progress,
- Better employment opportunities.
Therefore, education acts as an important driver of national development.
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