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Service sector includes ______. - Economic Applications

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Question

Service sector includes ______.

Options

  • banking

  • communication

  • trade

  • All of these

MCQ
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Solution

Service sector includes banking, communication and trade.

Explanation:

The service sector in India includes a wide range of services such as banking, communication, trade, transport, hotels, insurance, real estate, and more. Banking, communication, and trade all fall under the service sector as they provide essential services rather than goods. Thus, all the options (banking, communication, and trade) are part of the service sector.

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Chapter 8: Main Sectors of Indian Economy : Services - QUESTIONS [Page 102]

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J. P. Goel and Kaushal Goel Economic Applications [English] Class 9 ICSE
Chapter 8 Main Sectors of Indian Economy : Services
QUESTIONS | Q 5. | Page 102
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