Which of the following statements with regard to recommendations of the 15th Finance Commission of India are correct?I.It has recommended grants of ₹ 4,800 crores from the year 2022-23 to the year 2025-26 for incentivizing States to enhance educational outcomes.II.45% of the net proceeds of Union taxes are to be shared with States.III.₹ 45,000 crores are to be kept as performance- based incentive for all States for carrying out agricultural reforms.IV.It reintroduced tax effort criteria to reward fiscal performance.Select the correct answer using the code given below

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