Question

    Which of the following statements with reference to the service sector is/are correct?

    1. Retail trade falls under tertiary activity

    2. Research and Development based activity comes under quaternary activity

    Select the correct answer using the code given below:

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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