Consider the following statements regarding State Finance Commission?
1. It is a constitutional body.
2. It is constituted by the Governor of the state.
3. The Chairman of the State Finance Commission submits his resignation to the President.
4. The tenure of the State Finance Commission is three years.
Which of the statements given above is/are correct?
1
1 and 3 are correct.
2
1 and 2 are correct.
3
1, 2 and 3 are correct.
4
More than one of the above
5
None of the above