Consider the following statements and choose the correct code. 1. The Finance Commission recommends the distribution of net procedure of taxes to be shared between the Union and the States. 2. It recommends to augment the Consolidated Fund of the State to supplement the resources of the local self-government bodies.

• A. Only1    
• B. Only 2
• C. 1 and 2 both are true    
• D. 1 and 2 both are false