Is geology very important for taking up paleontology?

Absolutely critical. To paraphrase part of an answer by a previous respondent, your question is analogous to asking is being a doctor importmy to being a surgeon. read more

Paleontology is a subfield of Geology. To be perhaps too direct, your question is almost like asking if dancing is important for taking up waltzing. Geology is the very core of paleontology with Biology the framework. read more

Broadly speaking there's three main areas of geology which are important to people: natural resources, natural hazards and engineering Natural Resources includes minerals, ground water, fossil fuels, but also the materials we use in construction like gravel, aggregates and stone. read more

Geology is important in determining building placement, discovery of resources such as gravel, stone, oil, coal, water, and mineral deposits, knowledge of rock and mineral properties, landslide avoidance, erosion control, determining planetary histories, and earthquake and volcano eruption prediction.. read more