Which of the following are a source of income to the urban local bodies?
1. Octroi duty on goods brought into and taken out of the city.
2. Taxes on vehicles.
3. Income from water and electricity supply.
4. Financial grants from the State Governments.
(a) I, II and III
(b) II, III and IV
(c) I, III and IV
(d) I, II, III and IV