BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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tertiary
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primary
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secondary
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Detailed explanation-1: -Activities that involve the provision of services are categorised under the tertiary sector. For example, transportation, insurance, and tourism are all service activities. Dairy farming is a primary sector activity.
Detailed explanation-2: -The tertiary sector covers a wide range of activities from commerce to administration, transport, financial and real estate activities, business and personal services, education, health and social work.
Detailed explanation-3: -The tertiary sector is also called the service sector which includes, transport, banking, tourism, hospitality, insurance, trade, and so on. Hence, banking is included in the tertiary sector of the Indian economy.
Detailed explanation-4: -Quarrying and manufacturing is included in the secondary sector. Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector.