With reference to the Finance Commissions of India, consider the following statements:
I. The recommendations of the Fifteenth Finance Commission are valid up to 2025–26, i.e., till 31 March 2026.
II. The recommendations of the Sixteenth Finance Commission will come into effect from 1 April 2026.
Which of the statements given above is/are correct?
II only
Neither I nor II
Both I and II
I only
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