SSC MTS EXAM

SSC

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following activities is NOT part of the primary sector?
A
Forestry
B
Fishing
C
Banking
D
Mining
Explanation: 

Detailed explanation-1: -Of the above options given Banking does not belong to the primary sector. It belongs to the tertiary sector or service sector. Fishing, mining, and dairying belong to the primary sector which is a basic sector.

Detailed explanation-2: -Agriculture, crop production, animal husbandry, fisheries and mining-all are included in primary sector. Hence, rural banking does not relate to primary sector as it is a part of tertiary sector.

Detailed explanation-3: -The tertiary sector is also called the service sector which includes, transport, banking, tourism, hospitality, insurance, trade, and so on. Hence, banking is included in the tertiary sector of the Indian economy.

Detailed explanation-4: -Key Points. Banking comes under the tertiary sector. The tertiary sector, also known as the service sector includes transport, banking, storage, communication, etc. The primary sector is the one which is dependent on nature and makes use of raw materials. It includes agriculture, fishing, mining, etc.

There is 1 question to complete.