In Karnataka, the following cities function as City Corporations:
- Belagavi
- Hubballi-Dharwad
- Kalaburagi
- Mangaluru
- Mysuru
- Shivamogga
- Tumakuru
- Vijayapura
The cities listed in your options are:
- Belgaum (now known as Belagavi)
- Shivamogga
- Udupi
- Mandya
- Bellary (now known as Ballari)
Among these, Belagavi, Shivamogga, and Ballari are City Corporations. Udupi and Mandya are City Municipal Councils.
Therefore, the correct answer is:
Only three are correct
For more detailed information, you can refer to the Directorate of Municipal Administration's official list of City Corporations in Karnataka.