{"id":64180,"date":"2024-04-20T09:20:05","date_gmt":"2024-04-20T09:20:05","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=64180"},"modified":"2024-04-20T09:20:05","modified_gmt":"2024-04-20T09:20:05","slug":"karnatakas-economy-primarily-falls-under-which-sector","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/karnatakas-economy-primarily-falls-under-which-sector\/","title":{"rendered":"Karnataka&#8217;s economy primarily falls under which sector:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Primary&#8221; option2=&#8221;Secondary&#8221; option3=&#8221;Tertiary&#8221; option4=&#8221;Quaternary&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: C) Tertiary.<\/p>\n<p>The tertiary sector is the service sector of an economy. It includes activities that provide services to other businesses and consumers, such as banking, insurance, education, health care, and tourism. The tertiary sector is the largest sector of the economy in most developed countries, and it is growing rapidly in developing countries as well.<\/p>\n<p>The primary sector is the sector of the economy that extracts raw materials from the natural environment. It includes agriculture, forestry, fishing, and mining. The secondary sector is the sector of the economy that transforms raw materials into finished goods. It includes manufacturing, construction, and utilities. The quaternary sector is the sector of the economy that provides knowledge-based services. It includes research and development, education, and healthcare.<\/p>\n<p>Karnataka&#8217;s economy is primarily based on the tertiary sector. In 2019, the tertiary sector accounted for 57.4% of the state&#8217;s GDP, followed by the secondary sector (30.6%) and the primary sector (12%). The tertiary sector is growing rapidly in Karnataka, driven by the growth of the IT and BPO industries. The state is also home to a number of other knowledge-based industries, such as research and development, education, and healthcare.<\/p>\n<p>The secondary sector is also important to Karnataka&#8217;s economy. The state is home to a number of manufacturing industries, including textiles, chemicals, and engineering. The primary sector is less important to Karnataka&#8217;s economy than the secondary and tertiary sectors. However, the state is still a major producer of agricultural products, such as rice, sugar, and coffee.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Primary&#8221; option2=&#8221;Secondary&#8221; option3=&#8221;Tertiary&#8221; option4=&#8221;Quaternary&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[994],"tags":[],"class_list":["post-64180","post","type-post","status-publish","format-standard","hentry","category-telangana-and-karnataka-gk-mcq","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Karnataka&#039;s economy primarily falls under which sector:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/karnatakas-economy-primarily-falls-under-which-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Karnataka&#039;s economy primarily falls under which sector:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Primary&#8221; 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