Question

MVT private Ltd deals in insurance business. identify the type of industry it belongs to​

Answer 1

Answer:

(i) " MVT Construction Pvt . Ltd deals in constructing building , bridges , roads and dams by using cement , steel, bricks and wood . " <br> Secondary industries - These industries are concerned with using the materials extracted at the primary stage to produce goods for final consumption or for further processing by other industrials units. <br> (ii) " The company has got a special division also , which owns one hundred trucks. " <br> Tertiary or service industries - These industries provide services facilities . It includes transport, communication , banking , insurance , warehousing , advertising , etc.