Question

Identify the sector that is a classification of economic activities on the basis of nature of activity.

• A. Public sector
• B. Private sector
• C. Primary sector
• D. Organised sector

Answer 1

The correct option is C Primary sector

Based on the nature of activities, the economy is classified into the primary sector, the secondary sector, and the tertiary sector.

Based on asset ownership and responsibility for delivery of services, economic activities are classified into private and public sectors.

Based on the conditions of work as well as rules and regulations, economic activities are classified into organised and unorganised sectors.