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Economics • Indian EconomyEasy

In the national accounts of India, which of the following is categorized under 'Tertiary Sector' economic activities?

A. Extraction of crude petroleum and natural gas from offshore continental shelf basins
B. Commercial poultry farming, sericulture, and forestry plantation management
C. Warehousing, cold storage logistics, telecommunications, and financial intermediation✓ Correct Answer
D. Textile manufacturing, heavy machinery assembly, and civil construction projects

💡 Solution & Explanation

The tertiary sector encompasses service-oriented industries that facilitate trade, commerce, and communication, including warehousing, logistics, telecommunications, and financial intermediation. Activities involving petroleum extraction fall under the primary sector, while manufacturing and construction belong to the secondary sector.

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