Which one of the following is not correct ?

Which one of the following is not correct ?

Taxes on agricultural income is a subject under the State List.
Price control is a subject under the Concurrent List.
Insurance does not come under the Union List.
'Forests' is a subject under the Concurrent List.
This question was previously asked in
UPSC CDS-2 – 2021
The Seventh Schedule of the Constitution of India distributes legislative powers between the Union and the States. List I (Union List) contains subjects on which Parliament has exclusive power to make laws. List II (State List) contains subjects on which state legislatures have exclusive power. List III (Concurrent List) contains subjects on which both Parliament and state legislatures can make laws.
– Taxes on agricultural income is Entry 46 in the State List. (Correct)
– Price control is Entry 34 in the Concurrent List. (Correct)
– Insurance is Entry 47 in the Union List. Therefore, the statement “Insurance does not come under the Union List” is not correct.
– ‘Forests’ was originally in the State List but was transferred to the Concurrent List (Entry 17A) by the 42nd Amendment Act, 1976. (Correct)
– The Union List has 97 subjects (originally), the State List has 66 subjects (originally), and the Concurrent List has 47 subjects (originally). The numbers have slightly changed due to amendments.
– Insurance is a subject of national importance and is regulated by the central government, placing it under the Union List.
– Other important subjects in the Union List include Defence, Banking, Currency, Railways, Posts and Telegraphs, Foreign Affairs, Atomic Energy, etc.
– Other important subjects in the State List include Public Order, Police, Public Health and Sanitation, Local Government, Land, etc.
– Other important subjects in the Concurrent List include Criminal Law, Marriage and Divorce, Education, Trade Unions, etc.
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