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Single Answer MCQ
Q-00015969

What type of economic sector includes banks and IT companies?

1

Tertiary Sector

2

Primary Sector

3

Secondary Sector

4

Public Sector

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

A. Tertiary Sector

Solution:

Banks and IT companies operate in the tertiary sector, which focuses on service provision rather than goods production as seen in primary and secondary sectors.

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