Read the following statements - Assertion (A) and Reason (R): Assertion (A): Human Capital Formation is an important determinant of a country's economic growth. Reason (R): Human capital formation leads to better resource utilization, which improves the productivity. From the given alternatives choose the correct one:

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

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

Human capital formation increases skills which increases productivity. This leads to better utilization of resources, thereby leading to economic growth.