74th Amendment Act of Indian Constitution deals with:

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AConstitutional status to the Municipalities

BConstitutional status to the Panchayats

CAnti-Defection Act

DPresident’s rule in the States

Answer:

Urban Local Government Bodies (Municipalities, Municipal Corporations, Urban Panchayats) have been given constitutional status.
Their formation, structure, powers, responsibilities and election process have been clarified.
This helps in meeting local needs and ensuring development in urban areas.

Related Questions:

What is/are the major change/s made through the 73rd Constitutional Amendment Act?

It added Part IX to the Constitution, dealing with the Panchayati Raj system.
It introduced the Eleventh Schedule, which lists 29 subjects under the purview of Panchayats.
It mandated the reservation of seats for Other Backward Classes (OBCs) in Panchayati Raj institutions.

Consider the following statements regarding the source and structure of amendment provisions:

Which of the statements given above is/are correct?

Consider the following statements regarding the 42nd Constitutional Amendment Act:

It added the words "Socialist," "Secular," and "Integrity" to the Preamble of the Constitution.
It increased the tenure of the Lok Sabha and State Legislative Assemblies from 5 to 6 years.
It introduced the concept of Fundamental Duties under Part IV-A of the Constitution.

Which of the statements given above is/are correct?