Step 1: Understanding the Question:
The question asks which constitutional amendment act granted constitutional recognition and status to Urban Local Bodies (like municipalities).
Step 2: Detailed Explanation:
In 1992, two landmark amendments were passed to empower local self-government in India.
- 73rd Constitutional Amendment Act, 1992: This amendment gave constitutional status to Panchayati Raj Institutions (PRIs), which are the rural local bodies. It added Part IX and the 11th Schedule to the Constitution.
- 74th Constitutional Amendment Act, 1992: This amendment gave constitutional status to Municipalities, which are the urban local bodies. It added Part IX-A and the 12th Schedule to the Constitution.
The question is about urban local bodies, so the correct answer is the 74th Amendment.
Step 3: Final Answer
The 74th Constitutional Amendment Act gave constitutional status to the urban local bodies.