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Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?.

Solutions for Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passageonly.Passage-3People will invest in education whenever they are granted the economic freedom to fully enjoy benefits Again, this is for the obvious reason that the return on education increases as the level of economic freedom rises. When people, thanks to lower tax rates, are allowed to retain of the higher income that they gain from incremental level of education, it makes sense toinvest in education. On the other hand, when the government decides to tax the higher income of educated individuals at even higher rates, it makes very little sense to invest in educating oneself further. The same incentives apply to parents who decide on whether to invest in their childrens education.With reference to the above passage, the following assumptions have been made:1. Lower tax rates in a country invariably translate into greater investments in higher education.2. Investment in the education of children ensures their economic freedom.3. Economic freedom has a positive impact on building up human capital.Which of the above assumptions is/are valid?a)1 onlyb)2 onlyc)3 onlyd)1, 2 and 3Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.