Match List I (Commission) with List II (Chairman) and select the correct answer using the codes given below the Lists

(Commission) | (Chairman)
I.        Eleventh Commission | (A) A.M. Khusro
II.     Expenditure Reforms | (B) Bimal Jalan
III.   Tenth Finance Commission | (C) K.P. Geetha-krishnan
IV.   Commission on Centre-State Relations | (D) K.C. Pant
| (E) R.S. Sarkaria

The correct answer is Option 2. This matching accurately reflects the appointments made to these significant constitutional and administrative bodies in India.

• I-A: The Eleventh Finance Commission (1998) was chaired by A.M. Khusro. It was responsible for recommending the distribution of tax proceeds between the Union and States for the period 2000-2005.
• II-C: The Expenditure Reforms Commission, set up in 2000 to suggest measures for reducing public expenditure and improving fiscal discipline, was headed by K.P. Geethakrishnan.
• III-D: The Tenth Finance Commission (1992-1995) was chaired by K.C. Pant. It introduced the concept of an "Alternative Scheme of Devolution."
• IV-E: The Commission on Centre-State Relations (1983), famously known as the Sarkaria Commission, was chaired by Justice R.S. Sarkaria.

Options 1, 3, and 4 are incorrect because they misattribute the leadership of these commissions, such as wrongly associating Bimal Jalan or K.C. Pant with the wrong cycles or bodies.