Which one of the following comes under tertiary activities?

Correct option is A

Introduction
Economic activities are classified into primary (raw materials), secondary (manufacturing), tertiary (services), quaternary (information), and quinary (high-level decision-making). Tertiary activities are the service sector. Financial Banking is a core activity within the service sector, providing financial services and therefore falls under the tertiary category.
Information Booster
· Economic Sector: Tertiary activities are also known as the service sector.
· Service Provided: Financial Banking is a service that facilitates economic transactions, savings, investment, and lending.
· Scope: Other tertiary activities include transport, trade, communication, and various personal services.
· Growth: The service sector (tertiary and higher) typically grows as a country develops economically.
· Contrast: Tertiary activities do not directly produce raw materials or manufacture goods.
Additional Points
· Policy Formulators and Decision Makers: These activities are generally classified as Quinary activities, representing the highest level of decision-making and strategic policy formulation.
· Consultants: Consulting is generally classified as a Quaternary activity (knowledge-based services).