The correct option is B.
Explanation
The distribution of legislative powers between the Union and the States is governed by the Seventh Schedule of the Constitution of India, which contains three lists: the Union List (List I), the State List (List II), and the Concurrent List (List III). Subjects not mentioned in any of the three lists fall under Residuary Powers.- Cyber Laws: Incorrect. Cyber laws are categorized under Residuary Powers. According to Article 248 of the Constitution, the Union Parliament has exclusive power to make any law with respect to any matter not enumerated in the Concurrent List or State List. Since Information Technology was not envisioned at the time of the Constitution's inception, it falls under the jurisdiction of the Union.
- Agriculture: Correct. Agriculture, including agricultural education and research, protection against pests and prevention of plant diseases, is listed under Entry 14 of the State List (List II).
- Forests: Incorrect. Forests were originally part of the State List. However, they were transferred to the Concurrent List (List III) via the 42nd Constitutional Amendment Act, 1976. This allows both the Union and State governments to legislate on the subject, with Union laws prevailing in case of conflict.
- Banking: Incorrect. Banking is a subject of national importance requiring uniform policy across the country. It is listed under Entry 45 of the Union List (List I).