The correct answer is option 3: 1 and 4.

Let`s analyze each option to understand why this is the correct answer:

Option 1 states that residuary powers have been given to the Union Parliament. This statement is correct. Residuary powers refer to the powers that are not explicitly assigned to either the central government or the state governments. In India, these powers are given to the Union Parliament under Article 248 of the Constitution.

Option 2 states that the Constitution of India follows the Constitution of Australia in the matter of residuary power. This statement is incorrect. The Constitution of India does not follow the Constitution of Australia in this regard. Australia follows a federal system where residuary powers are given to the states, unlike India where these powers are given to the Union Parliament.

Option 3 states that Schedule 7 of the Constitution of India provides a list of residuary powers. This statement is incorrect. The Constitution of India does not have a specific schedule that lists the residuary powers. These powers are derived from the general legislative powers given to the Union Parliament.

Option 4 states that the Government of India Act 1935 placed residuary powers in the hands of the Governor General. This statement is correct. Before the adoption of the Indian Constitution