What is the term of Panchayat according to the 73rd Constitutional Amendment Act?

5 Years

The correct answer is Option 4 - 5 Years

According to the 73rd Constitutional Amendment Act of 1992, which deals with the establishment of Panchayats (local self-governance institutions) in rural areas of India, the term of Panchayats is fixed at five years. This means that elections to Panchayats must be conducted at least every five years to ensure democratic representation and continuity in local governance.