Consider the following statements : In India, stamp duties on financial transactions are1. leavied and collected by the State Government2. appropriated by the Union GovernmentWhich of these statements is/are correct?

Consider the following statements : In India, stamp duties on financia

1.	Consider the following statements : In India, stamp duties on financial transactions are1. leavied and collected by the State Government2. appropriated by the Union GovernmentWhich of these statements is/are correct?
A.	Only 1
B.	Only 2
C.	Both 1 and 2
D.	Neither 1 nor 2
Answer» C. Both 1 and 2