GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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it does not produce goods but provide services to all the sectors
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it provides the interlink or inter connectivity between all the sectors
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it provides the support that is needed by both secondary and primary sector to contribute to the GDP
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All the above options are true to the given statement.
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Detailed explanation-1: -Tertiary sector is termed as service sector because tertiary sector provides support service to primary and secondary sector. Was this answer helpful?
Detailed explanation-2: -The activities relating to transport, storage, communication, banks and trade etc. are included in tertiary sector. As the activities of tertiary sector creates services in place of goods, it is also called service sector.
Detailed explanation-3: -The service sector, also known as the tertiary sector, is the third tier in the three-sector economy. Instead of product production, this sector produces services maintenance and repairs, training, or consulting. Examples of service sector jobs include housekeeping, tours, nursing, and teaching.