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Which of the following is/are compulsory provisions of the 73rd amendment act, 1992?
1. Granting financial powers to panchayats.
2. Providing reservation of seats for backward classes.
3. Fixing tenure of five years for panchayats.
Select the correct answer using the codes given below.
1 and 2
1 and 3
3 only
2 and 3
1st statement is incorrect.
2nd statement is incorrect because the act authorises the legislature of a state to make any provisions for reservation of seats in any panchayat or offices of chairperson in the panchayat at any level in favor of backward classes.
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