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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion (A): Physical capital helps in formation of human capital.
Reason (R): Physical capital is passive in nature.
  • a)
    Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).
  • b)
    Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).
  • c)
    Assertion (A) is true, but Reason (R) is false.
  • d)
    Assertion (A) is false, but Reason (R) is true.
Correct answer is option 'D'. Can you explain this answer?
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Directions : In the following questions, a statement of Assertion (A...
Human capital helps in formation of physical capital.
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Directions : In the following questions, a statement of Assertion (A...
Assertion (A): Physical capital helps in formation of human capital.
Reason (R): Physical capital is passive in nature.

The correct answer is option 'D' - Assertion (A) is false, but Reason (R) is true.

Explanation:
Physical capital and human capital are two different forms of capital that contribute to economic growth and development.

Physical capital:
Physical capital refers to the tangible assets or resources that are used in the production process. It includes machinery, equipment, buildings, infrastructure, etc. Physical capital plays a crucial role in enhancing the productivity and efficiency of the production process. It provides the necessary tools and resources for workers to perform their tasks effectively. However, physical capital alone cannot lead to the formation of human capital.

Human capital:
Human capital, on the other hand, refers to the knowledge, skills, abilities, and expertise possessed by individuals. It includes education, training, experience, and health. Human capital is developed through investments in education and training, which enhance the productive capacity of individuals. It is the knowledge and skills of the workforce that drive innovation, productivity, and economic growth.

Relationship between physical capital and human capital:
While physical capital can support and facilitate the development of human capital, it is not the sole determinant. Physical capital provides the infrastructure, tools, and resources that enable individuals to acquire and apply their knowledge and skills effectively. However, the formation of human capital requires investments in education, training, and health, which go beyond the provision of physical capital.

Passive nature of physical capital:
The reason states that physical capital is passive in nature. This means that physical capital itself does not possess the ability to generate economic growth or development. It requires human intervention and utilization to create value. Physical capital is a means to an end, and its effectiveness depends on how effectively it is utilized by individuals.

Conclusion:
In conclusion, while physical capital can support the formation of human capital by providing the necessary tools and resources, it is not the sole determinant. Human capital is developed through investments in education, training, and health, which go beyond the provision of physical capital. Therefore, Assertion (A) is false, but Reason (R) is true.
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Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Physical capital helps in formation of human capital.Reason (R): Physical capital is passive in nature.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?
Question Description
Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Physical capital helps in formation of human capital.Reason (R): Physical capital is passive in nature.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Physical capital helps in formation of human capital.Reason (R): Physical capital is passive in nature.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions : In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion (A): Physical capital helps in formation of human capital.Reason (R): Physical capital is passive in nature.a)Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A).b)Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion (A).c)Assertion (A) is true, but Reason (R) is false.d)Assertion (A) is false, but Reason (R) is true.Correct answer is option 'D'. Can you explain this answer?.
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