Correct the following statement 1- banking and defence are the subject of concurrent list
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Explanation:
Banking and defence are the subjects of union list
this is the correct statement
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Banking and Defence are the subject of concurrent list.
Explanation:
- The are three lists mentioned under seventh Schedule, these lists are the Union list, concurrent list and State list.
- The union list has the subjects under which the parliament can frame laws.
- It includes foreign affairs, defence, banking, railway etc.
- The seventh schedule of Constitution of India specifies and defines the functions of state and union government and allocated power. It contains, Union, State and concurrent lists.
- Only state can make laws on the subjects mentioned under state list while both state and union government can make laws on the subjects mentioned in concurrent list.
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