To protect the interest of States in the financial matters, which of the following provisions were laid down by the Constitution of India?
1. A bill which varies any tax in which states are interested can be introduced in the Parliament only after consulting the State governments.
2. The Parliament can alter the definition of agricultural income only on the recommendation of the President.
3. A bill introduced in Parliament affecting the vertical distribution of taxes between centre and states can be introduced only on the recommendation of the Finance commission.
4. A bill that imposes any surcharge on tax for the purpose of the centre can be introduced in the Parliament only on the recommendation of the President.
Select the correct answer using the code given below: