GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
ATM is an example of
A
primary sector
B
secondary sector
C
tertiary sector
D
all of these
Explanation: 

Detailed explanation-1: -The ATM belongs to the tertiary sector, which is also called the service sector. An ATM is a machine that is provided by the banks at certain places, which helps the users to conduct transactions of withdrawing money or depositing money into the bank account without the help of any Bank representatives.

Detailed explanation-2: -Answer: Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the 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: -ATM booths, Call centers, and Internet cafes belong to the tertiary sector. All the services that support the development of primary and secondary sectors belong to the tertiary sector. Based on the types of services, this sector is divided into tertiary, quaternary, and quinary activities.

There is 1 question to complete.