Which of the following is NOT the reason for the rising importance of the tertiary sector in India?

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Rise in income levels

Rise in demand of basic services

Liberalisation

Development of agriculture and industry

answer is C.

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Detailed Solution

Liberalisation is not the reason for the rising importance of the tertiary sector in India.
There are several reasons for the growing importance of the tertiary sector in India. Some of them are given below:
1)      Basic services like medical facilities, bank facilities, educational institutions and police stations are required in any country. In a developing country, the government takes responsibility for providing these services.
2)      Developing the agricultural and manufacturing sectors leads to increased demand for several services.
3)      As the income level of people rises, people’s standard of living improves, and the demand for services like shopping, tourism, professional training and private school rises. 4)      Over the past decade, there has been an increase in demand for IT and communication services. As a result, the production of these services has been rising at a rapid rate.
5)      Due to globalisation, people are now aware of several services available.

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