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Question
Q. Consider the following statements
Which of the statements given above is/are incorrect?
Q. Consider the following statements
Which of the statements given above is/are incorrect?
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Solution
The correct option is D
Neither 1 nor 2
Explanation
Statement 1 is correct: Quaternary activity is a type of a tertiary sector which is based on knowledge. It is centred around research and development and may be seen as an advanced form of services involving specialised knowledge, technical skills and administrative competence. For example, IT professionals, doctors, mutual fund managers etc fall under this category.
Statement 2 is correct: The highest level of decision makers or policy makers perform quinary activities. These are subtly different from the knowledge based industries that the quinary sector in general deals with. They are often referred to as gold collar professionals.
Neither 1 nor 2
Explanation
Statement 1 is correct: Quaternary activity is a type of a tertiary sector which is based on knowledge. It is centred around research and development and may be seen as an advanced form of services involving specialised knowledge, technical skills and administrative competence. For example, IT professionals, doctors, mutual fund managers etc fall under this category.
Statement 2 is correct: The highest level of decision makers or policy makers perform quinary activities. These are subtly different from the knowledge based industries that the quinary sector in general deals with. They are often referred to as gold collar professionals.
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