State, with valid reasons whether, the following statements are true or false : (a) "Higher productivity and production are the outcome of investment in human resources." (b) Rising population is not the cause for quality of human capital formation.

Question

Accepted Answer

(a) True. Higher productivity and production are the outcome of investment in human resources.

Reasons:
1. Education and training enhance skills and knowledge
2. Healthy workers are more productive and efficient
3. Skilled workers can use resources more effectively
4. Investment in human capital leads to innovation and technological progress
5. Better trained workers make fewer errors and produce higher quality goods

(b) False. Rising population is not necessarily the cause for quality of human capital formation.

Reasons:
1. Population growth can strain resources and reduce per capita availability
2. However, with proper investment in education and health, a large population can become an asset
3. Quality depends on investment in human capital, not just population size
4. Countries with large populations have achieved human capital formation through focused policies