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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): Human Capital Formation gives birth to innovation, invention and technological improvements.
Reason (R): Investment in education creates ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation.
  • 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 'A'. Can you explain this answer?
Most Upvoted Answer
Directions : In the following questions, a statement of Assertion (A...
Explanation:


The statement of Assertion (A) is that Human Capital Formation gives birth to innovation, invention, and technological improvements. The statement of Reason (R) is that investment in education creates the ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation. Let's analyze both these statements in detail.

Assertion (A): Human Capital Formation gives birth to innovation, invention and technological improvements.

Explanation: Human capital formation refers to the process of enhancing the knowledge, skills, and abilities of people. It involves investments in education, training, healthcare, and other areas that help individuals to develop their potential and contribute to economic growth. When people are educated and skilled, they can think creatively and come up with new ideas that can lead to innovation, invention, and technological improvements. Therefore, the assertion that human capital formation gives birth to innovation, invention, and technological improvements is true.

Reason (R): Investment in education creates ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation.

Explanation: Education plays a crucial role in the development of human capital. It provides individuals with the knowledge and skills they need to adapt to new technologies, innovate, and invent. When people are educated, they are more likely to adopt new technologies and adapt to changing circumstances. A well-educated workforce is also more likely to come up with new ideas and innovations that can lead to economic growth. Therefore, the reason that investment in education creates the ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation is true.

Conclusion:


Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion (A). Hence, option (a) is the correct answer.
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Directions : In the following questions, a statement of Assertion (A...
Human Capital Formation not only increases the productivity of available human resources but also stimulates innovation and creates ability to adopt new technologies.
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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): Human Capital Formation gives birth to innovation, invention and technological improvements.Reason (R): Investment in education creates ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation.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 'A'. Can you explain this answer?
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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): Human Capital Formation gives birth to innovation, invention and technological improvements.Reason (R): Investment in education creates ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation.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 'A'. 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): Human Capital Formation gives birth to innovation, invention and technological improvements.Reason (R): Investment in education creates ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation.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 'A'. 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): Human Capital Formation gives birth to innovation, invention and technological improvements.Reason (R): Investment in education creates ability to adopt newer technologies, facilitates invention and innovation since educated workforce generally adapts to modern technologies and innovation.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 'A'. Can you explain this answer?.
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