The correct option is (c).
Explanation
Human Resource Development (HRD) is a concept that focuses on the qualitative improvement of the population. It treats human beings as a resource or asset (human capital) that can be developed to contribute to economic growth and social well-being, rather than merely as a liability.Statement 1 is Incorrect. HRD does not refer to increasing the population size or birth rates to ensure a larger workforce. A larger population without adequate skills or health can become a demographic burden. HRD focuses on the development of the existing population, not the quantitative expansion of it.
Statement 2 is Correct. The fundamental objective of HRD is to improve the quality of people's skills, knowledge, and capabilities. By enhancing these attributes, individuals are transformed into productive assets capable of creating value in the economy.
Statement 3 is Correct. Education and health are the foundational pillars of HRD. Education equips individuals with necessary knowledge and technical skills, while good health ensures the physical and mental stamina required for productivity. Investments in these sectors are critical for human capital formation.
Key Takeaway: Human Resource Development is the process of transforming a population into human capital through strategic investments in education, healthcare, and skill enhancement, focusing on quality rather than quantity.