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Match the items given in Column I with those in Column II and select the correct option.

Matrix:

Column I

Column II
(a)
Education
(i)
Asset to the country
(b)
People as a resource
(ii)
Human capital formation
(c)
Human capital
(iii)
Higher returns in future
(d)
Investment in health
(iv)
Superior to other physical capital

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a-ii; b-i; c-iv; d-iii

a-iii; b-i; c-ii; d-iv

a-iv; c-ii; d-i, b-iv

a-iv; b-ii; c-iii; d-i

answer is A.

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Detailed Solution

1)      Education: Education is a major factor that plays a significant role in human capital formation. It helps in turning people into productive resources for the country.
2)      People as a resource: People as a resource are an asset to any economy. They help in the social and economic prosperity of any country.
3)      Human capital is superior to any other form of physical money. Other forms of physical capital can be of no use without human means.
4)      Investment in health: Investments in health can return higher returns. A healthy population can contribute more towards the development of a nation rather than an unhealthy one.

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