Read the given below two statements and mark the correct answer.

Assertion (A): Genetic industries are engaged in breeding plants and animals for their use in further reproduction.
Reason (R) : Tertiary industries are concerned with providing support services to primary and secondary industries as well as activities relating to trade.

Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

The correct answer is option 2- Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

Both statements are true but there is no relation between these two statements. Genetic industry is related with primary industry whereas tertiary industry is related with the services. Industries may be divided into three broad categories namely primary, secondary and tertiary.

Tertiary industries are concerned with providing support services to primary and secondary industries as well as activities relating to trade. These industries provide service facilities. As business activities, these may be considered part of commerce because as auxiliaries to trade these activities assist trade. Included in this category are transport, banking, insurance, warehousing, communication, packaging and advertising.

Genetic industries are engaged in breeding plants and animals for their use in further reproduction. Seeds and nursery companies are typical examples of genetic industries. In additional, activities of cattle breeding farms, poultry farms, and fish hatchery come under genetic industries.