Banking comes under which of the following sectors of the economy?

This question was previously asked in
SSC CPO Tier- I Previous Paper 1 (Held on: 1st July 2017 Shift 1) 
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  1. Primary sector
  2. Secondary sector
  3. Tertiary sector
  4. Both Secondary and Tertiary sectors

Answer (Detailed Solution Below)

Option 3 : Tertiary sector
Free
SSC CPO : General Intelligence & Reasoning Sectional Test 1
50 Qs. 50 Marks 35 Mins

Detailed Solution

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The correct answer Tertiary sector.

Key Points

  • Banking comes under the tertiary sector.
  • The tertiary sector, also known as the service sector includes transport, banking, storage, communication, etc.
  • The primary sector is the one which is dependent on nature and makes use of raw materials. It includes agriculture, fishing, mining, etc.
  • The secondary sector is concerned with manufacturing, construction, processing, etc.

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Last updated on Jun 17, 2025

-> The SSC has now postponed the SSC CPO Recruitment 2025 on 16th June 2025. As per the notice, the detailed notification will be released in due course.  

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