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The Investment Commission was formed in December 2004 with the purpose to facilitate and mobilize investment in India. The commission is made up of eminent people from the industry.
Option 1, Ratan Tata, is incorrect because he was a member of the Investment Commission. Ratan Tata is a well-known industrialist and the former chairman of Tata Group.
Option 2, Deepak Parekh, is also incorrect as he too was a member of the Investment Commission. He is a renowned banker and the chairman of Housing Development Finance Corporation (HDFC).
Option 3, Ashok Ganguly, is also not the correct answer. He, also served on the Investment Commission. Ashok Ganguly is a distinguished industrialist and was chairman of Hindustan Lever.
Option 4, Kumarmangalam Birla, is the correct answer. He is a significant Indian industrialist and the chairman of the Aditya Birla Group. However, contrary to the other options, he was not a member of the Investment Commission formed in December 2004.