Indian Polity · Polity
Which among the following statements regarding the distribution of legislative powers in India is not correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Legislation on criminal law, barring exceptions, is a subject under the Concurrent List.
- 2Bankruptcy and Insolvency are subjects under the Concurrent List.
- 3Inter-State trade and commerce is a subject under the State List.✓
- 4Banking is exclusively under the Un ion List.
Correct answer
Inter-State trade and commerce is a subject under the State List.
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