Question

Which are the three main sector classifications of the Indian economy?

• A. Primary, Secondary, Tertiary
• B. Farming, Manufacturing, Trade
• C. Agriculture, Finance, Technology
• D. Agriculture, Industry, Services

Answer 1

Answer:

A. Primary, Secondary, Tertiary

The Indian economy is broadly classified into three main sectors: primary, secondary, and tertiary (Agriculture, Industry, Services). All these sectors are important for contributing to the GDPs of the countries, employment, and wealth generation. The primary sector deals with nature and agriculture; the secondary sector deals with manufacturing and industry, while the tertiary sector is basically devoted to services and other intangible sectors