Question

With reference to the Constitution of India, which one of the following pairs is not correctly matched?

(a) Forests                                       : Concurrent List
(b) Stock Exchange                        : Concurrent List
(c) Post Office Savings Bank         : Union List
(d) Public Health                            : State List

Answer 1

(b) Stock Exchanges are listed in the Seventh Schedule (Article 246) List I-Union List, item no. 90 that reads, taxes other than stamp duties on transactions in stock exchanges and futures markets. Forests-Concurrent List, 17-A, Post Office Savings Bank -Union List-3, Public health and sanitation; hospitals and dispensaries - State List -6.