Given below are certain facts about Panchayati Raj System in India. Select the option which provides correct information about the same.

1. Panchayati Raj System prevails throughout the country.
2. Panchayats working in a state get funds only from their own state.
3. The 73^rd amendment to the constitution in 1992 led to the formation of the Panchayati Raj System in India.
4. The Panchayat Raj system was first adopted by the state of Rajasthan in Hanumangarh district.