Practicing Success
Practicing Success
CUET Preparation Today
| Read the following statements - Assertion (A) and Reason (R): Assertion (A): Human Capital Formation is a stock concept. Reason (R): Stock refers to variables that are measured at a specific point in time. 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. |
| Assertion (A) is false but Reason (R) is true. |
| Human capital is a stock concept, but human capital formation is a flow concept because it is simply adding to the current stock of human capital and can only be measured over time. Human capital formation is thus a flow concept. |
