Question
Download Solution PDFBanking comes under which of the following sectors of the economy?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer Tertiary sector.
Key Points
- Banking comes under the tertiary sector.
- The tertiary sector, also known as the service sector includes transport, banking, storage, communication, etc.
- The primary sector is the one which is dependent on nature and makes use of raw materials. It includes agriculture, fishing, mining, etc.
- The secondary sector is concerned with manufacturing, construction, processing, etc.
Last updated on May 28, 2025
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