Question
Distinguish between Primary data and secondary data.

Answer

S. No.
Primary data
Secondary data
1.
Primary data are those data which are collected from the primary sources.
Secondary data are those data which are collected from the secondary sources.
2.
Primary data are known as basic data.
Secondary data are known as subsidiary data.
3.
The collection of primary data is more expensive.
The collection of secondary data is comparatively less expensive.
4.
It takes more time to collect the data.
It takes less time to collect the data.
5.
Primary data are more accurate.
Secondary data are less accurate than the primary data.
6.
Primary data are known as first hand data.
Secondary data are known as second hand data.
7.
Primary data are not readily available.
Subsidiary data are readily available.
8.
It is required to take much care at the time of collecting data.
It is not required to take much care at the time of collecting data.

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