Question : Banking comes under which of the following sectors?
Option 1: Primary sector
Option 2: Secondary sector
Option 3: Tertiary sector
Option 4: Both secondary and tertiary sector
Correct Answer: Tertiary sector
Solution : The correct answer is the Tertiary sector .
The financial services sector, which is a subset of the tertiary sector, includes banking. The tertiary sector, usually referred to as the service sector, includes a broad spectrum of non-production-based services. Retail, transportation, healthcare, education, tourism, and financial services, including banking, insurance, and investment services, are all included in this.
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