SSC MTS EXAM

Detailed explanation-1: -Sector which includes trade, transport, banking, communication and services is known as tertiary sector. Tertiary sector mainly deals with services. Hence, tertiary sector is also known as service sector of the economy.

Detailed explanation-2: -All services received from financial institutions, such as banks, and investment brokers, are tertiary in nature, as well.

Detailed explanation-3: -Tertiary sector is also known as the service sector. It provides services to the other sectors of the economy. It includes banking, transport, communication, other life services, etc.

Detailed explanation-4: -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.