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Home Questions UXQF872UT5
Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Human Capital Formation in India

Question:

Read the following statements - Assertion (A) and Reason (R):
Assertion: Government intervention is essential in education and health sector.
Reason: Expenditures on education and health make substantial long-term impact and they cannot be easily reversed.
From the given alternatives choose the correct one:

Options:

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.

Correct Answer:

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

Explanation:

The correct answer is Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

Government intervention in the education and health sectors is essential because these sectors have substantial long-term impacts on individuals and society. Investments in education and health can lead to significant benefits that are not easily reversed, justifying the need for government involvement.

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