The passage states that Insurance is a subject in the Union list. What

1.	The passage states that Insurance is a subject in the Union list. What does it imply?
A.	Only the government can form insurance companies
B.	The government becomes the guaranteer for all the insurance companies
C.	Only the Central government can pass laws regarding insurance
D.	The government has sole authority in regulation of insurance market
E.	None of the above
Answer» D. The government has sole authority in regulation of insurance market

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The passage states that Insurance is a subject in the Union list. What does it imply?

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