Which among the following is INCORRECT about the salient features of the 73rd Amendment Act?

1
The Act gives a Constitutional status to the Panchayati Raj Institutions.
2
It contains 29 functional items of the Panchayats and deals with Article 243 to 243(O). 
3
The Act has added the Eleventh Schedule to the Constitution of India.
4
The Act corresponds to Part III of the Constitution of India.

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