Question

Read the following statements carefully regarding 'tertiary activities' and choose the correct option:
I. Tertiary activities include both production and exchange of services.
II. Tertiary activities involve the commercial output of services.
III. Tertiary activities are directly involved in the processing of raw material.
IV. The examples of tertiary activities are plumber, doctor, publisher.

• A. Only I, II and III are correct.
• B. Only I, II and IV are correct.
• C. Only I, III and IV are correct.
• D. Only II, III and IV are correct.

Hint:

Remember:
• Primary = Extraction of raw materials.
• Secondary = Processing/manufacturing of raw materials.
• Tertiary = Provision of services (does not touch raw materials directly).

Answer 1

The Correct Option is B