Under the 74th Constitutional Amendment, India has what kind of reservation for women?

One third of the total seats in local bodies of the urban areas

The correct answer is Option 1: One third of the total seats in local bodies of the urban areas

The 74th Constitutional Amendment Act, 1992 deals with the urban local bodies (Municipalities) and aims to provide constitutional status to them.

One of its important provisions is: Reservation for women: Not less than one-third (including the number of seats reserved for SC/ST women) of the total number of seats to be filled by direct election in every Municipality shall be reserved for women.

Note: Option 3 refers to rural areas, which are governed by the 73rd Constitutional Amendment Act (1992) and not 74th as mentioned in the question.