Which of the following sector is knowledge oriented?
Answer & explanation
Correct answer: option 4
The correct answer is Option 4: Both 2 and 3
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Quaternary Activities ➔ Knowledge-based activities like research, information technology, financial consultancy, education, etc.
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Quinary Activities ➔ High-level decision-making, policy formulation, top executives, and highly specialized knowledge-based services (like CEOs, government officials, researchers).
Thus, both Quaternary and Quinary activities are knowledge-oriented sectors.
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Tertiary Activities ➔ These provide services (like transport, trade, communication) but are not specifically knowledge-based.