Consider the following statements regarding the Fifteenth Finance Commission (XV FC) grants released during the Financial Year 2024–25:
1. The grants were allocated to the Rural Local Bodies (RLBs) in Punjab, Uttarakhand, and Chhattisgarh.
2. The funds were released as the first installment of Untied Grants for all three states.
3. These grants aim to strengthen grassroots democracy by supporting Panchayati Raj Institutions (PRIs).
Which of the statements given above are correct?
1
1 and 2 only
2
1 and 3 only
3
2 and 3 only
4
1, 2, and 3