The two subjects of the union list are banking and ____

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Detailed Solution

The two subjects of the union list are banking and currency.
The Indian Constitution divides the nation's legislative authority between the center and the states into three equal parts. Three lists listed in the Seventh Schedule of the Indian Constitution are used to implement this distribution. Union list, State list, and Concurrent list are these lists. There is a list of issues of national importance called the Union List. Foreign relations, finance, communications, and currency are a few of these. These topics are on this list because it's important to develop a consistent national policy regarding them. The Union List subjects fall under the sole control of the Union Government. It covers 97 topics.

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