BANKING AFFAIRS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following does not come under tertiary sector of the economy?
A
Only 2
B
Only 3
C
2 and 3
D
Only 1
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is Electricity. Tertiary sector also known as service sector is one among the three type of economic sectors in a developed economy, the other two being Primary (extraction of raw materials) and secondary (manufacturing) sectors.

Detailed explanation-2: -Electricity sectors does not come under tertiary sector.

Detailed explanation-3: -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-4: -Activities that involve the provision of services are categorised under the tertiary sector. For example, transportation, insurance, and tourism are all service activities.

There is 1 question to complete.