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Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A) : Investment in human capital yields returns in the future.
Reason (R) : Education and health make people more productive.
Select the correct answer from the code given below :
Explanation
Assertion (A) is correct because human capital—the stock of knowledge, skills, and health embodied in individuals—is an asset that generates economic value over time. Similar to physical capital, investments in people result in higher future earnings and broader economic growth.
Reason (R) is also correct and provides the logical basis for the assertion. Education enhances cognitive abilities, knowledge, and technical skills, while health ensures the physical and mental capacity to perform labor effectively. By increasing labor productivity, these factors ensure that the initial investment (such as the cost of schooling or medical care) translates into greater output and higher income in the future. Therefore, (R) is the direct reason why investment in human capital yields returns, making it the correct explanation of (A).
SIMILAR QUESTIONS
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A) : Development is being defined as improving living standards and welfare.
Reason (R) : Growth in per capita income is not a sufficient measure of development.
Select the correct answer from the codes given below :
Given below are two statements one is labelled as Assertion (A) and other as Reason (R) :
Assertion (A) : The government faces a tough time tackling the bottleneck inflation.
Reason (R) : The situation is due to deficiencies existing in the economy such as supply bottleneck and inefficient distribution.
Select the correct answer from the codes given below.
Codes :
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A) : There is a positive relationship between Human Development Index (HDI) and the Sustainable Development Goals (SDGs) ranking of Indian States.
Reason (R) : The underlying dimensions of SDG targets are closely related to education and health aspects.
Select the correct answer from the codes given below :
Given below are two statements, one is labelled as Assertion (A) and the other as Reason (R).
Assertion (A) : During the 20th century, poverty and poor people have become the subject of our concern and duty.
Reason (R) : Strategically there was lack of targeted actions due to which this issue got momentum.
Select the correct answer from the code given below :
Code :