Q: 34 (IAS/2004)
question_subject:
Polity
question_exam:
IAS
stats:
0,155,84,32,155,22,30
keywords:
{'union list': [3, 0, 2, 1], 'concurrent list': [2, 0, 0, 0], 'state list': [3, 0, 0, 0], 'constitution': [39, 3, 11, 39], 'stock exchanges': [0, 0, 0, 1], 'india': [8, 1, 7, 13], 'forests': [3, 0, 2, 0], 'post office saving bank': [0, 0, 1, 0]}
The pair "Stock Exchanges: Concurrent List" is not correctly matched. Stock Exchanges are included in the Union List (List I) of the Seventh Schedule of the Constitution of India, which means the power to legislate on this subject lies exclusively with the central government. The Concurrent List (List III) includes subjects on which both the central and state governments have the power to legislate.