ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The correct answer is University Teaching. University teaching is a specialized activity and forms part of the knowledge sector of the economy i.e. the quaternary sector.

Detailed explanation-2: -The quaternary sector includes companies engaged in intellectual activities and pursuits. The quaternary sector typically includes intellectual services such as technological advancement and innovation.

Detailed explanation-3: -This consists of information technology; media; research and development; information-based services such as information-generation and information-sharing; and knowledge-based services such as consultation, education, financial planning, blogging, and designing.

Detailed explanation-4: -Tertiary activities include both production and exchange, whereas Quaternary activities involve the collection, production and dissemination of information or even the production of information. In this article, you can learn all about tertiary and quaternary activities.

Detailed explanation-5: -Examples of quaternary industry or sector: Financial planning, information generation, consultancy, information technologies, designing, and research and development are some industries in the quaternary sector.