Higher education in knowledge economy – UGC NET Question

Statements A, B, D and E accurately capture the relationship between higher education and knowledge economies. A is true because advanced skills and competencies underpin productivity. B is true as universities fuel innovation through research and start-up ecosystems. D is true since the “triple helix” of university–industry–government linkages is central to innovation-led growth. E is true because both tacit know-how and codified knowledge drive productivity improvements. C is false as investment in higher education is seen as productive capital formation, and F is false since lifelong learning is critical in rapidly changing knowledge economies.

Option A:
Option A is correct because it includes all four true statements on human capital, innovation, linkages and knowledge forms, while excluding C and F, which misunderstand the economic value of higher education and lifelong learning.

Option B:
Option B is incorrect because it adds C, which wrongly describes higher education spending as purely consumptive in a knowledge economy.

Option C:
Option C is incorrect because it includes F, which claims lifelong learning is irrelevant, and omits A, thereby ignoring the human capital role of higher education.

Option D:
Option D is incorrect because it includes C as part of the set, even though C contradicts widely accepted views on higher education’s productive role.