Economics · Human Capital Formation
Consider the following statements regarding Human Resource Development (HRD): 1. It aims to improve the health, skills, and knowledge of the population. 2. It directly leads to increased labor productivity and economic growth. 3. It is completely unrelated to the Gross Enrolment Ratio (GER). 4. Investment in education and healthcare is a key component of HRD. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 4 only✓
- 21 and 3 only
- 32, 3 and 4 only
- 41, 2, 3 and 4
Correct answer
1, 2 and 4 only
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