Q. With reference to the Finance Commission of India, which of the following statements is correct? [CSAT 2011] (Solved)
1. It encourages the inflow of foreign capital for infrastructure development
2. It facilitates the proper distribution of finances among the Public Sector Undertakings
3. It ensures transparency in financial administration
4. None of the statements (a), (b) and (c) given above is correct in this context
- d. None of the statements (a), (b) and (c) given above is correct in this context