SSC MTS EXAM

Detailed explanation-1: -University teaching is a specialized activity and forms part of the knowledge sector of the economy i.e. the quaternary sector.

Detailed explanation-2: -The quaternary sector consists of those industries providing information services, such as computing, ICT (information and communication technologies), consultancy (offering advice to businesses) and R&D (research, particularly in scientific fields).

Detailed explanation-3: -Quaternary activities are specialized tertiary activities in the ‘Knowledge Sector’ which demands a separate classification. There has been a very high growth in demand for and consumption of information-based services from mutual fund managers to tax consultants, software developers and statisticians.

Detailed explanation-4: -(i) Quaternary activities refer to those activities where the task is to think, research and develop ideas. (i) Quinary activities involve work related to administration. (ii) Confined to research, training and education. (ii) Confined to the highest-level decision taking and policy making.