Assertion (A): The recommendations made by the Finance Commission are only of advisory nature.
Reason (R): The constitution of India envisages the Finance commission as the balancing wheel of fiscal federalism in India.
In the context of the above two statements, which one of the following is/are correct?
1
Both A and R are true and R is the correct explanation of A.
2
Both A and R are true but R is not the correct explanation of A.
3
A is true but R is false.
4
A is false but R is true.