Which of the following is true about Vashishta Bhargava Committee?
1. The Bhargav Committee Report was appointed in 1970.
2. This committee is a committee set up to examine Telangana's surplus funds.

1
Only 1 is correct
2
Only 2 is correct
3
Both 1 and 2 are correct
4
Both 1 and 2 are incorrect

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