Question

Which of the following are the major sub-sectors classified under the tertiary or service sector in the Indian economy?

1. Trade, hotels, and restaurants

2. Transport, storage, and communication

3. Financing, insurance, and business services

4. Community, social, and personal services

5. Mining, quarrying, and construction

• A. 1, 2, 3 and 4 only
• B. 1, 2, and 5 only
• C. 2, 3, 4 and 5 only
• D. 1, 2, 3, 4 and 5

Answer 1

Answer:

A. 1, 2, 3 and 4 only

• Mining and quarrying belong to the primary sector, while construction is included by WTO and RBI but not under CSO’s traditional service classification. The four listed in option (A) are universally considered core service sub-sectors.