GK
INDIAN ECONOMY
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is another name for the service sector?
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Primary sector
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Tertiary sector
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Secondary sector
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None of the above
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Explanation:
Detailed explanation-1: -The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle).
Detailed explanation-2: -The service sector, also known as the tertiary sector, is the third tier in the three-sector economy.
Detailed explanation-3: -The tertiary industry is the segment of the economy that provides services to its consumers, including a wide range of businesses such as financial institutions, schools and restaurants. It is also known as the tertiary sector or service industry/sector.
Detailed explanation-4: -The secondary sector is also known as the industrial sector.
There is 1 question to complete.