The fundamental object of Panchayati Raj system is to ensure which among the following?<br/>1. People's participation in development<br/>2. Political accountability<br/>3. Democratic decentralization<br/>4. Financial mobilization<br/><br/>Select the correct answer using the code given below.

1. People's participation in development — Correct. Panchayati Raj was created to involve local people directly in planning and implementation of development programmes.

2. Political accountability — Incorrect. Accountability may improve as a consequence of local self-government, but it is not regarded as the fundamental object of Panchayati Raj in standard polity formulation.

3. Democratic decentralization — Correct. The core idea of Panchayati Raj is democratic decentralization, i.e., transfer of power and decision-making to local bodies.

4. Financial mobilization — Incorrect. Raising local resources is a function of Panchayats, but not the fundamental objective of the Panchayati Raj system.

Hence, 1 and 3 only are correct.