Assertion:. Welfare approach to human development is the oldest approaches to human development. Reasoning: The welfare approach argues for higher government expenditure on education, health, social secondary and amenities.

Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct. Assertion (A) is not true but Reasoning (R) is correct.

Assertion (A) is not true but Reasoning (R) is correct.

Income Approach is one of the oldest approaches to human development.