Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:
Read the following statements:
Statement 1: People migrate in search of higher-paying jobs than they can find in their home countries.
Statement 2: Increased earnings in the new location usually outweigh the cost of migration.
Which of the following statement/statements are true?
Options:
Both the statements are true
Both the statements are false
Statement 1 is true and Statement 2 is false
Statement 2 is true and Statement 1 is false
Correct Answer:
Both the statements are true
Explanation:
Both the statements are true. People migrate in search of higher-paying jobs than they can find in their home countries. Increased earnings in the new location usually outweigh the cost of migration.