Which of the following statements regarding the residuary powers of legislation is correct in the context of India?
The Lok Sabha has exclusive power to make law on any matter not enumerated in the Concurrent List
The Residuary power of legislation is laid down in Article 248 of the Constitution
Residuary powers include that power of imposing taxes not mentioned in any of the three Lists
Article 248 of the Constitution provides for, among other things, the power to establish additional courts.
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