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Choose the statement that is true/false:

Tertiary sector has become important in India

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True

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Detailed Solution

The above statement is true.
The tertiary sector has grown in significance in India because: In developing nations, the government is responsible for providing basic services like hospitals, education, post and telegraph, courts, etc.
With the growth of the primary and secondary sectors, there will be an increase in the need for services like transport, trading, and storage. As income levels rise, so do consumer demands for travel, retail, private healthcare, and other services. Financial services grew more quickly thanks to the financial sector's liberalisation.

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Choose the statement that is true/false:Tertiary sector has become important in India