The correct option is B Establishing centres for advanced studies in post-graduate education and new universities.
The University Education Commission made several changes in 1948 to improve the standard and coordination of universities. The primary function of the commission was to sanction and disburse grants to universities on behalf of the government. They also aimed at establishing university development councils, centres for advanced studies in post-graduate education and establishing new universities. It also helped universities in planning, coordinating syllabi and implementing various schemes for higher education.