Q.

Which list includes the subject ‘trade and commerce’?


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a

Union list

b

State list

c

Concurrent list

d

None of the above 

answer is C.

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Detailed Solution

‘Trade and commerce’ come under the concurrent list.
The Concurrent List is composed of topics of importance to both the Union Government and the State Governments. These topics include education, environment, labour unions, marriage, adoption, and succession. On the topics included in this list, the ability to legislate rests with both the federal government and the individual state governments. While 'trade' is in the state list, 'trade and commerce' can be found in the concurrent list. Therefore, reading comprehension is essential with regard to this legislation.
 
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