Correct Option (D):
The B.K. Chaturvedi Committee was constituted to recommend a transparent and long-term pricing mechanism for petroleum products in India. Its mandate included addressing issues related to subsidy rationalization, the fiscal burden on the government, and aligning domestic fuel prices with international crude oil movements. The committee's recommendations aimed at a gradual deregulation of fuel pricing while ensuring protection for vulnerable sections of society.
Incorrect Options:
Option (A): Review of Centre–State relations has been primarily addressed by commissions such as the Sarkaria Commission (1983) and the Punchhi Commission (2007), not the B.K. Chaturvedi Committee.
Option (B): The review and implementation of the Delimitation Act fall under the purview of the Delimitation Commission, an independent body.
Option (C): Tax reforms and measures to increase revenues have been examined by various expert groups, including the Kelkar Committee, but not by the B.K. Chaturvedi Committee.