GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tourism, hospitals and banking are all examples of which industry?
A
tertiary
B
primary
C
secondary
D
None of the above
Explanation: 

Detailed explanation-1: -Primary sector includes agriculture, forestry, animal husbandry, fishing, poultry farming, and mining. Quarrying and manufacturing is included in the secondary sector. Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector.

Detailed explanation-2: -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-3: -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-4: -Tourism offers services such as sight seeing and accommodation and food services such as hotels, casinos, special food services, drinking places, and restaurants. to tourists. Hence, it is a tertiary sector activity.

There is 1 question to complete.