Consider the following statements:
(A) Education provides knowledge to understand changes in society and scientific advancements.
(B) Empirical evidence to prove that increase in human capital causes economic growth is rather nebulous.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Both (A) and (B) are true
(A) Education provides knowledge to understand changes in society and scientific advancements. — True. This knowledge helps inventions and innovations.
(B) Empirical evidence to prove that increase in human capital causes economic growth is rather nebulous. — True. Nebulous means unclear. The evidence is weak partly because of measurement problems: years of schooling may not show the quality of education.
NCERT (2026-27): “Human Capital and Economic Growth: … This enhanced productivity of human beings or human capital contributes substantially not only towards increasing labour productivity but also stimulates innovations and creates ability to absorb new technologies. Education provides knowledge to understand changes in society and scientific advancements, thus, facilitate inventions and innovations. Similarly, the availability of educated labour force facilitates adaptation to new technologies.” “… Empirical evidence to prove that increase in human capital causes economic growth is rather nebulous. This may be because of measurement problems. For example, education measured in terms of years of schooling, teacher-pupil ratio and enrolment rates may not reflect the quality of education; health services measured in monetary terms, life expectancy and mortality rates may not reflect the true health status of the people in a country. …” |