Q136
Indian EconomyEmployment, Poverty & Human Development
In the service sector the most modern and developed economic activity is
- a.Tertiary activity
- b.Quinary
- c.Quarternary
- d.Secondary
Answer: (B) Quinary
Economic activities are graded as primary (extraction: farming, mining), secondary (manufacturing), tertiary (ordinary services such as trade and transport), quaternary (knowledge-based services such as IT, research and information) and quinary. Quinary activities are the highest level: top decision-makers and policy-makers such as senior executives, government officials, research scientists and legal and financial consultants, often called "gold-collar" professions. That makes quinary the most modern and developed tier of the service sector. Collar colours: red – primary, blue – secondary, pink – tertiary, white – quaternary, gold – quinary. (The booklet spells quaternary as "Quarternary".)