SSC MTS EXAM

Detailed explanation-1: -Ans. The knowledge-based tertiary sector includes both the quinary and the quaternary sectors, with the quinary representing the highest level of decision-makers and the quaternary representing the lowest.

Detailed explanation-2: -Some economists further narrow the quaternary sector into the quinary sector, which includes the highest levels of decision-making in a society or economy. This sector includes top executives or officials in such fields as government, science, universities, nonprofits, health care, culture, and the media.

Detailed explanation-3: -The personnel under Quinary sector are called ‘gold collar’ professionals, as they represent highly skilled senior business executives, government officials, scientists, legal and financial consultants. Though they are less in number, their importance in the economic advancement far outweighs it.