Which one of the following is not correct with regard to the Railway C

Which one of the following is not correct with regard to the Railway Convention Committee ?

[amp_mcq option1=”It is a Committee constituted by the Minister of Railways.” option2=”it is an ad hoc Committee of Parliament to review the rate of dividend which is payable by the Railways to the general revenues.” option3=”It suggests the level of appropriation to various Railway funds.” option4=”Minister of Finance is a nominated member of the Railway Convention Committee.” correct=”option1″]