Consider the following statements: The function(s) of the Finance Commission is/are1. to allow the withdrawal of the money out of the Consolidated Fund of India.2. to allocate between the states the shares of proceeds of taxes.3. to consider the application for grants-in-aid from States.4. to supervise and report on whether the Union and State Governments are levying taxes in accordance with the budgetary provisions. Which of these statements is / are correct?

Centre-State relations revolve around the distribution of authority and tasks between the central government in Delhi and individual state governments.