Which among the following is/are correct statements?

(A) The 14th Finance Commission was headed by Dr. Y.V. Reddy

(B) The 14th Finance Commission recommended devolution of 41% of funds to State Governments

(C) Finance Commission is appointed by Union Finance Minister

1
(A) and (C)
2
(A) and (B)
3
(B) and (C)
4
(A) only

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