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

Question

Accepted Answer

(a) True. Rising population is not the cause for quality of human capital formation.

Reasons:
1. Quality depends on investment in education and health, not population size
2. A large population with proper investment can become a skilled workforce
3. Population growth without investment leads to human capital deficit
4. Quality human capital formation requires focused policies on education and health

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

Reasons:
1. Education enhances skills and knowledge, leading to higher productivity
2. Health improvements reduce absenteeism and increase efficiency
3. On-the-job training enables workers to adapt to new technologies
4. Human capital formation leads to innovation and better resource utilization
5. Skilled workers produce higher quality goods and services