The service industry is a type of industry that provides services to customers instead of producing goods. It includes businesses such as retail, hospitality, healthcare, finance, and transportation.
Out of the options given, the banking industry is an example of a service industry. Banks provide various financial services to their customers such as loans, savings accounts, and credit cards. They do not produce tangible goods but offer services to their customers.
Food processing plants, cement factories, and pharmaceutical industries, on the other hand, are examples of manufacturing industries that produce goods. Food processing plants produce packaged food products, cement factories produce building materials, and pharmaceutical industries produce medicine and other pharmaceutical products.