BANKING AFFAIRS

Detailed explanation-1: -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-2: -Banking is included under service sector. The tertiary sector of the economy is the service sector. This sector provides services to the general population and to businesses.

Detailed explanation-3: -Banking comes under tertiary industries These are concerned with providing support services to primary and secondary industries as well as activities relating to trade.

Detailed explanation-4: -The service sector, also known as the tertiary sector, is the third tier in the three-sector economy. Instead of product production, this sector produces services maintenance and repairs, training, or consulting. Examples of service sector jobs include housekeeping, tours, nursing, and teaching.

Detailed explanation-5: -The financial sector is a section of the economy made up of firms and institutions that provide financial services to commercial and retail customers. This sector comprises a broad range of industries including banks, investment companies, insurance companies, and real estate firms.