What is the importance of the secondary sector in the Indian economy?

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Provides employment

Development of other sectors

Provides essential goods

All of the above

answer is D.

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Detailed Solution

The secondary sector is in the second tier of economic activities, which also employs the primary and tertiary sectors as it involves changing natural products into other forms through manufacturing. It takes place in industries with the help of machines or other factors of production like land, labour, capital, and entrepreneurship. It creates employment opportunities by hiring skilled and unskilled workers. They also hire casual workers on wages. It provides essential goods to the consumers, such as sugar, clothes, etc. It helps develop the primary and tertiary sectors because these three sectors are interrelated.

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Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Online Course for IIT JEE

Best Online Course for NEET

Best Online Course for CBSE