Which statement is not correct regarding 'Gram Sabha'?

1
It is a body consisting of persons registered in the electoral rolls of a village comprised within the area of the panchayat level.
2
It is a village assembly consisting of all the registered voters in the area of the Panchayat.
3
Its powers have been determined by the Central Government.
4
Its powers and functions at Village level are like State Legislature at the state level.

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