Correct Option (c):
The 73rd Constitutional Amendment Act, 1992, did not propose the disqualification of Panchayati Raj functionaries based on having more than two children. While some states have enacted laws incorporating a two-child norm for contesting Panchayat elections, this provision is a state-level legislative measure and not a constitutional mandate of the 73rd Amendment.
Incorrect Options:
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Option (a): The 73rd Constitutional Amendment Act mandates a reservation of not less than one-third (33%) of the total number of seats for women in Panchayats at all three levels, as per Article 243D. Therefore, the statement mentioning "thirty percent" is factually inaccurate regarding the exact percentage, although the principle of women's reservation was indeed proposed.
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Option (b): Article 243-I of the 73rd Amendment mandates the constitution of a State Finance Commission by each state to review the financial position of the Panchayats and to make recommendations regarding the distribution of taxes, duties, tolls, and fees between the State and the Panchayats.
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Option (d): Article 243E of the 73rd Amendment stipulates that if a Panchayat is dissolved before the expiration of its five-year term, a fresh election to constitute a new Panchayat must be completed within a period of six months from the date of its dissolution.