UPSC Prelims 2004 Q34: Indian Polity – Federalism & Centre - State Relations
With reference to the Constitution of India,
which one of the following pairs is not correctly matched?
- (a) Forests : Concurrent List
- (b) Stock Exchanges : Concurrent List
- (c) Post Office Savings Bank : Union List
- (d) Public Health : State List
Answer: (b) Stock Exchanges : Concurrent List
Explanation
Subjects in the Union, State and Concurrent Lists
| Pair | Verdict |
|---|---|
| Forests - Concurrent List | Correct (moved by the 42nd Amendment) |
| Stock Exchanges - Concurrent List | Wrong — Stock Exchanges are in the Union List |
| Post Office Savings Bank - Union List | Correct |
| Public Health - State List | Correct |
Stock exchanges and futures markets are in the Union List (Entry 48), so pair (b) is wrongly matched.
Answer: (b) Stock Exchanges : Concurrent List.
Why each option is right or wrong
- (a) Incorrect. Forests are in the Concurrent List.
- (b) CORRECT. Stock Exchanges are in the Union List, so this pair is wrong.
- (c) Incorrect. Post Office Savings Bank is in the Union List.
- (d) Incorrect. Public health is in the State List.
Key point
42nd Amendment moved education, forests, wild animals, weights and measures to the Concurrent List.
Remember
Stock exchanges are in the Union List.
Common mistakes
- Placing stock exchanges in the Concurrent List.
- Forgetting that forests moved in 1976.
- Mixing public health with the Concurrent List.
Exam tip
Union List entry 48: stock exchanges and futures markets.
Sources
- Constitution of India — Seventh Schedule
- M. Laxmikanth — Indian Polity (Centre–State Relations)