Which of the following statements is/are correct about the State Finance Commission of Uttar Pradesh?

1. Fourth Finance Commission is implemented in the state.

2. Chairman of the Fourth Finance Commission is K. C. Tripathi.

3. The first State Finance Commission was constituted in 1994.

4. The State Finance Commission is constituted under Article 243 (U) of the Indian Constitution.

1
Only 1 and 2 are correct. 
2
Only 3 is correct. 
3
Only 1 and 3 are correct.
4
All of these are correct.

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