Question

Read the following statements carefully regarding 'tertiary activities' and choose the correct option:
I. Tertiary activities include both production and exchange of services.
II. Tertiary activities involve the commercial output of services.
III. Tertiary activities are directly involved in the processing of raw material.
IV. The examples of tertiary activities are plumber, doctor, publisher.

• A. Only I, II and III are correct.
• B. Only I, II and IV are correct.
• C. Only I, III and IV are correct.
• D. Only II, III and IV are correct.

Hint:

Remember:
• Primary = Extraction of raw materials.
• Secondary = Processing/manufacturing of raw materials.
• Tertiary = Provision of services (does not touch raw materials directly).

Answer 1

The Correct Option is B

Step 1: Understanding Tertiary Activities:
Tertiary activities are part of the service sector. Unlike primary and secondary sectors, they do not involve extraction or manufacturing of physical goods. Instead, they provide professional services to individuals and businesses.

Step 2: Evaluating the Given Statements:

• Statement I: “Tertiary activities include both production and exchange of services.”
This is correct. Production involves the creation/provision of services (like health, education), and exchange involves transport, trade, and communication to distribute those services.
• Statement II: “Tertiary activities involve the commercial output of services.”
This is correct. These services are professionally rendered in exchange for payment.
• Statement III: “Tertiary activities are directly involved in the processing of raw material.”
This is incorrect. The physical processing of raw materials into finished or semi-finished products is a hallmark of the secondary sector (manufacturing).
• Statement IV: “The examples of tertiary activities are plumber, doctor, publisher.”
This is correct. Plumbers provide personal trade services, doctors provide health services, and publishers facilitate information exchange—all representing tertiary functions.

Step 3: Finding the Right Match:
Since Statements I, II, and IV are correct, Option (B) is the correct choice.