what do you understand by residuary powers ?
Answers
Answer:
Reserved powers, residual powers, orresiduary powers are the powers which are neither prohibited or explicitly given by law to any organ of government. ... In Canada the reserved powers lie with the federal government; in the United States, the reserved powers lie with the constituent states.
Explanation:
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Answer:
The power to make laws on subjects of utmost public importance that are neither in the Union list nor in the state list and we also cannot find it in the concurrent list vests with the Parliament . E.g Cryptocurrency it does not form a part of any of the above mentioned lists but is a game changer in the future scenario so laws considered to regulate and the power to enact them is called residuary power. A residuary power is a power which is retained by a government authority after certain powers have been delegated to other authorities. There are three lists according to which the government distributed its power. Which are:-
*Union List
*Concurrent List
*State List
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