SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Life insurance is an activity of the
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primary sector
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secondary sector
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service sector
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none of the above
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Explanation:
Detailed explanation-1: -The correct option is B service sector.
Detailed explanation-2: -Explanation: Service sector is also known as a tertiary sector because apart from the production of the product, the service sector also provides services maintenance, consulting, and training.
Detailed explanation-3: -The financial services sector provides financial services to people and corporations. This segment of the economy is made up of a variety of financial firms including banks, investment houses, lenders, finance companies, real estate brokers, and insurance companies.
There is 1 question to complete.