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Which one of the following activities is related to quaternary sector?
  • a)
    Manufacturing computers
  • b)
    Paper and Raw pulp production
  • c)
    University teaching
  • d)
    Printing books
Correct answer is option 'C'. Can you explain this answer?

Ankit Kumar answered
(Correct Answer:- C)


Quaternary sector are specialized tertiary activities in the ‘Knowledge Sector’ which demands a separate classification.
The quaternary sector is the intellectual aspect of the economy. It is the process which enables entrepreneurs to innovate and improve the quality of services offered in the economy.
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A quinary activity is
  • a)
    advertising.
  • b)
    manufacturing.
  • c)
    transportation.
  • d)
    trade.
Correct answer is option 'A'. Can you explain this answer?

Akshita Saha answered
Quinary Activity in Economics

Quinary activity is a type of economic activity that involves services that are typically performed by highly educated professionals. These services are often knowledge-based and require advanced skills and education. Quinary activities are considered to be the highest level of economic activity.

Examples of Quinary Activity

Quinary activities include services such as:

1. Advertising: Advertising is an activity that involves promoting products or services to potential customers. This activity requires a high level of creativity and communication skills.

2. Research and Development: Research and development involve activities that are aimed at creating new products, processes, or services. This activity requires a high level of scientific and technical knowledge.

3. Education: Education involves activities that are aimed at imparting knowledge and skills to students. This activity requires a high level of expertise in a particular field.

4. Healthcare: Healthcare involves activities that are aimed at providing medical care to people. This activity requires a high level of medical knowledge and expertise.

5. Government: Government activities involve services that are provided by the government to its citizens. This activity requires a high level of political and administrative knowledge.

Importance of Quinary Activity

Quinary activities are important for the development of a country's economy. They are often associated with high levels of innovation and creativity, which can lead to the development of new products and services. Quinary activities also require a high level of education and expertise, which can lead to the development of a highly skilled workforce.

Conclusion

In conclusion, quinary activities are a type of economic activity that involves services that are typically performed by highly educated professionals. These activities are important for the development of a country's economy and require a high level of education and expertise. Examples of quinary activities include advertising, research and development, education, healthcare, and government.

Read the case study given below and answer the questions that follow:
Tertiary activities are related to the service sector. Manpower is an important component of the service sector as most of the tertiary activities are performed by skilled labour, professionally trained experts and consultants. Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’. The output is indirectly measured in terms of wages and salaries. Exchange involves trade, transport and communication facilities that are used to overcome distance. Tertiary activities, therefore, involve the commercial output of services rather than the production of tangible goods. They are not directly involved in the processing of physical raw materials. Common examples are the work of a plumber, electrician, technician, launderer, barber, shopkeeper, driver, cashier, teacher, doctor, lawyer and publisher, etc. The main difference between secondary activities and tertiary activities is that the expertise provided by services relies more heavily on specialised skills, experience and knowledge of the workers rather than on the production techniques, machinery and factory processes.
Q. How are primary and secondary sectors dependent on tertiary sectors?
  • a)
    Provides labour
  • b)
    Provides laws and regulation
  • c)
    Provides international services
  • d)
    Provides services for production of goods
Correct answer is option 'D'. Can you explain this answer?

Jyoti Yadav answered
Dependency of Primary and Secondary Sectors on Tertiary Sector
The tertiary sector plays a crucial role in supporting both primary and secondary sectors through various services that facilitate production and distribution. Here’s how the dependency manifests:
1. Provision of Services for Production
- Tertiary activities provide essential services that are critical for the functioning of primary and secondary sectors. This includes services such as transportation of raw materials, maintenance of machinery, and logistics management.
- For instance, farmers (primary sector) rely on transport services to deliver their goods to markets, while manufacturers (secondary sector) depend on skilled technicians for machinery upkeep.
2. Facilitating Exchange and Trade
- Tertiary services enable the exchange of goods produced by the primary and secondary sectors. This includes wholesale and retail services that distribute products to consumers.
- Banking and financial services, a part of the tertiary sector, support businesses in managing their finances, securing loans, and facilitating investments.
3. Support through Expertise and Knowledge
- The tertiary sector employs skilled professionals who provide specialized knowledge and expertise that enhance productivity in both primary and secondary sectors.
- For example, agricultural consultants help farmers improve crop yields, while engineers ensure efficient manufacturing processes.
4. Infrastructure Development
- The tertiary sector is involved in developing and maintaining critical infrastructure such as transportation networks, communication systems, and utilities that are vital for other sectors to operate smoothly.
- This infrastructure enables timely delivery of goods, efficient supply chains, and effective communication, all of which are essential for the success of primary and secondary activities.
In summary, the tertiary sector provides indispensable services that underpin the operations of both primary and secondary sectors, making it a pivotal component in the overall economic framework.

Read the case study given below and answer the questions that follow:
Tertiary activities are related to the service sector. Manpower is an important component of the service sector as most of the tertiary activities are performed by skilled labour, professionally trained experts and consultants. Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’. The output is indirectly measured in terms of wages and salaries. Exchange involves trade, transport and communication facilities that are used to overcome distance. Tertiary activities, therefore, involve the commercial output of services rather than the production of tangible goods. They are not directly involved in the processing of physical raw materials. Common examples are the work of a plumber, electrician, technician, launderer, barber, shopkeeper, driver, cashier, teacher, doctor, lawyer and publisher, etc. The main difference between secondary activities and tertiary activities is that the expertise provided by services relies more heavily on specialised skills, experience and knowledge of the workers rather than on the production techniques, machinery and factory processes.
Q. State one feature of the tertiary sector.
  • a)
    Labour intensive sector
  • b)
    Involves unskilled labour
  • c)
    Provides support to primary and secondary sectors
  • d)
    All of the Above
Correct answer is option 'C'. Can you explain this answer?

Naina Sharma answered
The activities in the tertiary sector do not produce a good but they are an aid or a support for the production process. For example goods produced in the primary or secondary sector need transport to send them to markets.

A tertiary activity is
  • a)
    farming.
  • b)
    trading.
  • c)
    weaving.
  • d)
    hunting.
Correct answer is option 'B'. Can you explain this answer?

Sounak Nambiar answered
Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’.

Read the case study given below and answer the questions that follow:
The use of telecommunications is linked to the development of modern technology. It has revolutionised communications because of the speed with which messages are sent. The time is reduced from weeks to minutes. Besides, the recent advancements like mobile telephony have made communications direct and instantaneous at any time and from anywhere. The telegraph, morse code and telex have almost become things of the past. Radio and television also help to relay news, pictures, and telephone calls to vast audiences around the world and hence they are termed as mass media. They are vital for advertising and entertainment. Newspapers are able to cover events in all corners of the world. Satellite communication relays information of the earth and from space. The internet has truly revolutionised the global communication system.
Q. How many types of telecommunications are there?
  • a)
    One
  • b)
    Two
  • c)
    Three
  • d)
    Four
Correct answer is option 'B'. Can you explain this answer?

Types of Telecommunications:

There are two types of telecommunications:

1. Traditional Telecommunications:
This includes the old methods of communication such as the telegraph, morse code and telex. They were used to send messages over long distances, but they have almost become obsolete with the advent of modern technology.

2. Modern Telecommunications:
This includes the recent advancements in technology such as mobile telephony, radio, television, satellite communication and the internet. These methods of communication are faster, more direct and instantaneous. They have revolutionized the way we communicate and have made the world a global village.

Advancements in Telecommunications:

1. Mobile Telephony:
Mobile phones have made communication direct and instantaneous at any time and from anywhere in the world. They have revolutionized the way we communicate and have made it easier and more convenient.

2. Radio and Television:
Radio and television help to relay news, pictures, and telephone calls to vast audiences around the world. They are vital for advertising and entertainment.

3. Satellite Communication:
Satellite communication relays information of the earth and from space. It has made it possible to communicate with people in remote areas and has also made it easier to monitor weather patterns and natural disasters.

4. Internet:
The internet has truly revolutionised the global communication system. It has made it possible to communicate with people all over the world in real-time. It has also made it easier to access information on various topics and has made it possible to conduct business online.

Conclusion:

Modern telecommunications have revolutionized the way we communicate and have made the world a global village. They have made it easier and more convenient to communicate with people all over the world. Traditional methods of communication have become obsolete with the advent of modern technology.

Read the case study given below and answer the questions that follow:
Rural marketing centres cater to nearby settlements. These are quasi-urban centres. They serve as trading centres of the most rudimentary type. Here personal and professional services are not well-developed. These form local collecting and distributing centres. Most of these have mandis (wholesale markets) and also retail areas. They are not urban centres per se but are significant centres for making available goods and services which are most frequently demanded by rural folk. Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals. These may be weekly, bi-weekly markets from where people from the surrounding areas meet their temporally accumulated demand. These markets are held on specified dates and move
from one place to another. The shopkeepers thus, remain busy on all the days while a large area is served by them.
Q. An authorised public gathering of buyers and sellers of commodities at an appointed place at regular intervals is known as:
  • a)
    Social market
  • b)
    Periodic market
  • c)
    Public market
  • d)
    Special market
Correct answer is option 'B'. Can you explain this answer?

Arun Yadav answered
Periodic markets, which continue to be an important element of rural retail trade in many parts of the world, meet periodically at specific locations with set schedules, separated by market-less days or by days with limited trading activities.

Read the case study given below and answer the questions that follow:
The use of telecommunications is linked to the development of modern technology. It has revolutionised communications because of the speed with which messages are sent. The time is reduced from weeks to minutes. Besides, the recent advancements like mobile telephony have made communications direct and instantaneous at any time and from anywhere. The telegraph, morse code and telex have almost become things of the past. Radio and television also help to relay news, pictures, and telephone calls to vast audiences around the world and hence they are termed as mass media. They are vital for advertising and entertainment. Newspapers are able to cover events in all corners of the world. Satellite communication relays information of the earth and from space. The internet has truly revolutionised the global communication system.
Q. State one characteristic of telecommunications.
  • a)
    Tedious task
  • b)
    No exchange of ideas
  • c)
    Time saving
  • d)
    Only One person is involved
Correct answer is option 'C'. Can you explain this answer?

Arun Yadav answered
Telecommunications is generally remote communication and its use is directly linked to the development of modem technology. It has revolutionized communication because of the speed with which messages are sent. Reduced time ranges from weeks to minutes. In addition, recent advancements such as mobile telephones have made communication direct and instantaneous at any time and from anywhere. The telegraph, Morse code and telex are almost a thing of the past. Radio and television also help in relaying news, pictures and telephone calls to huge audiences around the world and hence are called mass media. They are important for advertising and entertainment. Newspapers are able to cover events from all corners of the world. Satellite communication transmits information from earth and space.

Marketing is
  • a)
    the art of selling.
  • b)
    the art of purchasing.
  • c)
    a service.
  • d)
    a secondary activity.
Correct answer is option 'A'. Can you explain this answer?

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

The growth of services is an indication of
  • a)
    decline in manufacturing activities.
  • b)
    increasing proportion of non direct production.
  • c)
    increasing proportion of direct production.
  • d)
    increasing illiteracy level.
Correct answer is option 'B'. Can you explain this answer?

Anand Das answered
Service sector is the lifeline for the social-economic growth of a country. It is today the largest and fastest growing sector globally; contributing more to the global output and employing more people than any other sector. The real reason for the growth of the service sector is due to the increase in the urbanization, privatization and more demand for intermediate and final consumer services.

Read the case study given below and answer the questions that follow:
Rural marketing centres cater to nearby settlements. These are quasi-urban centres. They serve as trading centres of the most rudimentary type. Here personal and professional services are not well-developed. These form local collecting and distributing centres. Most of these have mandis (wholesale markets) and also retail areas. They are not urban centres per se but are significant centres for making available goods and services which are most frequently demanded by rural folk. Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals. These may be weekly, bi-weekly markets from where people from the surrounding areas meet their temporally accumulated demand. These markets are held on specified dates and move
from one place to another. The shopkeepers thus, remain busy on all the days while a large area is served by them.
Q. In countries like India, the _______centres are the farmer’s first contact point with the marketing channel.
  • a)
    rural market
  • b)
    commercial market
  • c)
    public market
  • d)
    social market
Correct answer is option 'A'. Can you explain this answer?

Kiran Mehta answered
In countries like India, the rural market centres are the farmer's first contact point with the marketing channel. Therefore, rural markets are considered as the nerve-centres of the economic, social and cultural activities of rural life.

Read the case study given below and answer the questions that follow:
Tertiary activities are related to the service sector. Manpower is an important component of the service sector as most of the tertiary activities are performed by skilled labour, professionally trained experts and consultants. Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’. The output is indirectly measured in terms of wages and salaries. Exchange involves trade, transport and communication facilities that are used to overcome distance. Tertiary activities, therefore, involve the commercial output of services rather than the production of tangible goods. They are not directly involved in the processing of physical raw materials. Common examples are the work of a plumber, electrician, technician, launderer, barber, shopkeeper, driver, cashier, teacher, doctor, lawyer and publisher, etc. The main difference between secondary activities and tertiary activities is that the expertise provided by services relies more heavily on specialised skills, experience and knowledge of the workers rather than on the production techniques, machinery and factory processes.
Q. How is the tertiary sector of economic importance to our country?
  • a)
    Strengthens foreign relations
  • b)
    Improves understanding
  • c)
    Increase in per capita income
  • d)
    None of the Above
Correct answer is option 'C'. Can you explain this answer?

Rajesh Gupta answered
Factors responsible for the growth of the tertiary sector.
1. Basic Services :
In any country several services such as hospitals, schools, post and telegraph, police station, courts, insurance, defense, transport, banks etc are required. These can be considered as basic services. The government has to take responsibility for the provision of these services.
2. Development of means of transport and communication :
The development of agriculture and industry leads to the development of services such as transport communication, trade etc. All these come under the tertiary sector.
3. More income more services :
The per capita income in our country is rising. As income levels rise, the demands of people are also rising.
4. New services :
With modernisation and globalisation some new services based on information and communication technology have become important and essential.

Read the case study given below and answer the questions that follow:
Tertiary activities are related to the service sector. Manpower is an important component of the service sector as most of the tertiary activities are performed by skilled labour, professionally trained experts and consultants. Tertiary activities include both production and exchange. The production involves the ‘provision’ of services that are ‘consumed’. The output is indirectly measured in terms of wages and salaries. Exchange involves trade, transport and communication facilities that are used to overcome distance. Tertiary activities, therefore, involve the commercial output of services rather than the production of tangible goods. They are not directly involved in the processing of physical raw materials. Common examples are the work of a plumber, electrician, technician, launderer, barber, shopkeeper, driver, cashier, teacher, doctor, lawyer and publisher, etc. The main difference between secondary activities and tertiary activities is that the expertise provided by services relies more heavily on specialised skills, experience and knowledge of the workers rather than on the production techniques, machinery and factory processes.
Q. Which of the following is included in the tertiary sector?
  • a)
    ATM Booths
  • b)
    Call centres
  • c)
    Internet café
  • d)
    All of them
Correct answer is option 'D'. Can you explain this answer?

Ojasvi Mehta answered
Trade, transport, communication, banking, education, health, tourism, services, insurance etc. are included in the tertiary sector.

Read the case study given below and answer the questions that follow:
Rural marketing centres cater to nearby settlements. These are quasi-urban centres. They serve as trading centres of the most rudimentary type. Here personal and professional services are not well-developed. These form local collecting and distributing centres. Most of these have mandis (wholesale markets) and also retail areas. They are not urban centres per se but are significant centres for making available goods and services which are most frequently demanded by rural folk. Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals. These may be weekly, bi-weekly markets from where people from the surrounding areas meet their temporally accumulated demand. These markets are held on specified dates and move
from one place to another. The shopkeepers thus, remain busy on all the days while a large area is served by them.
Q. Rural marketing centres cater to ______ settlements.
  • a)
    Close by
  • b)
    Far flung
  • c)
    Other districts
  • d)
    Scattered
Correct answer is option 'A'. Can you explain this answer?

Kiran Mehta answered
Rural marketing centres cater to nearby settlements. These are quasi-urban centres. They serve as trading centres of the most rudimentary type. Here personal and professional services are not well-developed. These form local collecting and distributing centres. Most of these have mandis (wholesale markets) and also retailing areas. They are not urban centres per se but are significant centres for making available goods and services which are most frequently demanded by rural folk.

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