2 Views

Question : Statement 1: Investment in human capital does not lead to technological innovation.

Statement 2: Investment in human capital fosters technological innovation and drives economic progress.

Option 1: Statement 1 is true, and statement 2 is true.

Option 2: Statement 1 is true, but statement 2 is false.

Option 3: Statement 1 is false, but statement 2 is true.

Option 4: Statement 1 is false, and statement 2 is false.


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Statement 1 is false, but statement 2 is true.


Solution : The correct option is (c) Statement 1 is false, but statement 2 is true.

Statement 1 suggests that investment in human capital does not lead to technological innovation. This statement is generally false. Investment in human capital, such as education and training programs, plays a significant role in fostering technological innovation. By developing the skills, knowledge, and abilities of individuals, investment in human capital enhances their capacity to contribute to technological advancements. Skilled and knowledgeable individuals are more likely to generate new ideas, engage in research and development, and drive innovation in various industries and sectors.

Statement 2 correctly acknowledges that investment in human capital fosters technological innovation and drives economic progress. By investing in education, research and development, and skill development programs, societies and economies can benefit from the innovative ideas and advancements generated by a highly skilled and knowledgeable workforce.

Therefore, statement 1 is false, but statement 2 is true.

Related Questions

Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
TAPMI MBA 2025 | Technology M...
Apply
MBA Admission Open in Technology Management and AI & Data Science | NAAC A++ | Institution of Eminence | Assured Scholarships
Sanskriti University LLM Admi...
Apply
Best innovation and research-driven university of Uttar Pradesh
Maya Devi University LLM admi...
Apply
43.6 LPA Highest Package | 5.48 LPA Average Package | 150+ Courses in UG, PG, Ph.D
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
Shri Khushal Das University L...
Apply
Approved by UGC | Robust Placement Assistance
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books