Read the following statements - Assertion (A) and Reason (R):
Assertion (A) : Expenditure on migration is not a source of human capital formation.
Reason(R): Migration involves cost of transport, higher cost of living in the migrated places and psychic costs of living in a strange sociocultural setup.
From the given alternatives choose the correct one:
Answer & explanation
Correct answer: option 4
The correct answer is option 4: Assertion (A) is false but Reason (R) is true.
Migration involves cost of transport, higher cost of living in the migrated places and psychic costs of living in a strange socio cultural setup. However, the enhanced earnings in the new place outweigh the costs of migration and hence, expenditure on migration is also a source of human capital formation.