ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Banking services is not a primary activity. It comes under tertiary activity.

Detailed explanation-2: -Agriculture, forestry and fishing are classified as primary activities. 2. Manufacturing, mining as secondary activities.

Detailed explanation-3: -One can broadly classify five distinct examples of economic activities. These activities are producing, supplying, buying, selling, and the consumption of goods and services.

Detailed explanation-4: -Patriotism, sentiment, sympathy are all emotions, feelings of an individual whereas teaching is an activity which involves money transfer after it is carried out (unless it is intentionally carried out without any pay). Because a teacher gets salary for teaching, it is not an example of non-economic activity.