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Question

Banking is included in which of the following sectors of the Indian economy?


A
Primary sector
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B
Secondary sector
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C
Tertiary sector
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D
None of the above
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Solution

The correct option is C Tertiary sector

Banking is included under service sector. The tertiary sector of the economy is the service sector. This sector provides services to the general population and to businesses. Activities associated with this sector include retail and wholesale sales, transportation and distribution, entertainment movies, television, radio, music, theatre, etc.


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