Given below are certain facts about Panchayati Raj System in India. Select the option which provides correct information about the same. Panchayati Raj System prevails throughout the country. Panchayats working in a state get funds only from their own state. The 73rd amendment to the constitution in 1992 led to the formation of the Panchayati Raj System in India. The Panchayat Raj system was first adopted by the state of Rajasthan in Hanumangarh district. Correct Answer Only C The correct answer is Option 4, i.e Only C. The 73rd amendment to the constitution in 1992 led to the formation of the Panchayati Raj System in India. The Panchayati Raj System is not found in states like Nagaland, Mizoram, and Meghalaya, and UT of Delhi. Panchayats receive funds on the recommendation by the Central Finance Commission as local body grants other than the funds given by state governments on the recommendations of the State Finance Commission. They also receive funds for the implementation of the centrally sponsored schemes. In Nagaur district of Rajasthan, the Panchayati Raj system was first adopted on the occasion of Gandhi Jayanti in the year 1959.