Correct Answer:
Option C - The Constitution (73ʳᵈ Amendment) Act was passed in 1992 and it came into effect on 24 April, 1993. The Act empowered state governments to take necessary steps that would lead to formalisation of the gram panchayat. The act added a new chapter into the Constitution called Part IX the Panchayats. This amendment provided financial powers to the Panchayats.
C. The Constitution (73ʳᵈ Amendment) Act was passed in 1992 and it came into effect on 24 April, 1993. The Act empowered state governments to take necessary steps that would lead to formalisation of the gram panchayat. The act added a new chapter into the Constitution called Part IX the Panchayats. This amendment provided financial powers to the Panchayats.