Banking is Included in Which of the Following Sectors of the Indian Economy

Primary sector

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Secondary sector

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Tertiary sector

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C
Tertiary sector

A correct answer is an option (C) Tertiary sector.
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.

Suggest Corrections

Similar questions

Banking is included in which sector of activity

what is the importance of it sector in indian economy? explain.

Join BYJU'S Learning Program