ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which belongs in the tertiary industry?
A
coffee bean
B
steel worker
C
services such as a bank teller
D
farmer
Explanation: 

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.

Detailed explanation-3: -Tertiary sector is also known as the service sector. It provides services to the other sectors of the economy. It includes banking, transport, communication, other life services, etc.

Detailed explanation-4: -the market services sector (trade, transports, financial operations, business services, personal services, accommodation and food service activities, real estate, information-communication); the non-market sector (public administration, education, human health, social work activities). 05-Nov-2019

There is 1 question to complete.