12th Class Economics Human Capital Formation In India Question Bank Case Based MCQs - Human Capital Formation in India

  • question_answer
    Assertion (A) There is a need for the owner of the human capital to be present in the place of production.
    Reason (R) Human capital is intangible; it is endogenously built in the body and mind of its owner.

    A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

    B) Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)

    C) Assertion (A) is true, but Reason (R) is false

    D) Assertion (A) is false, but Reason (R) is true

    Correct Answer: A

    Solution :

    Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)


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