INDIAN HISTORY

Detailed explanation-1: -It gave a measure to form a federal form of government and an all India Federation. The proposed all India federation included 11 provinces of British India, 6 Chief Commissioners Provinces and those princely states who might accede to the federation.

Detailed explanation-2: -Bicameralism in 6 provinces (Bombay, Madras, Bengal, Bihar, Assam and United Provinces) out of 11 provinces.

Detailed explanation-3: -The act provided for the establishment of Reserve Bank of India. The Act also provided for the establishment of federal, provincial and joint Public Service Commissions. The Act was a milestone in the development of a responsible constitutional government in India.

Detailed explanation-4: -It provided for the establishment of an All India federation consisting of provinces and princely states as units. It divided the powers between the centre and units in terms of three lists-Federal list, provincial list and the concurrent list.