Correct option is B
Introduction
Economic activities are classified into sectors according to the nature of work and the stage of economic production.
- Primary Sector → Cultivation (II): Directly uses natural resources for production.
- Secondary Sector → Handloom Textiles (III): Involves processing and manufacturing.
- Tertiary Sector → Transport Services (IV): Provides services rather than producing physical goods.
- Quaternary Sector → Business Organization (I): Involves knowledge-based, information, management and decision-making activities.
Therefore:
- Primary: Agriculture, fishing, forestry, mining.
- Secondary: Manufacturing, processing, construction.
- Tertiary: Transport, trade, banking, communication.
- Quaternary: Information, research, consultancy, management and advanced business services.
Correct Answer: (b)