Consider the following statements: In the electoral college for Presidential Election in India. 1. 1. The value of the vote of an elected Member of Legislative Assembly equals 2. 2. The value of the vote of an elected Member of parliament equals 3. 3. There were more than 5000 members in the latest election Which of these statements is/are correct?

1. The question presents statements about the electoral college for the Presidential Election in India. 2. Statement 1 provides the formula for the value of the vote of an elected Member of Legislative Assembly (MLA). The formula is: (Total population of the state) / (Total number of elected MLAs in the state) * (1/1000). The statement text seems incomplete in the prompt but implies this formula. 3. Statement 2 provides the formula for the value of the vote of an elected Member of Parliament (MP). The formula is: (Total value of votes of all elected MLAs of all states) / (Total number of elected MPs - Lok Sabha + Rajya Sabha). The statement text is incomplete but implies this formula. 4. Statement 3 claims there were more than 5000 members in the latest election (referring to the Presidential election before 2003, likely 2002). The electoral college consists of elected MPs (LS+RS ~ 776) and elected MLAs of all states and UTs with assemblies (Delhi, Puducherry). The total number of MLAs is around 4120. So, the total number of electors is roughly 776 + 4120 = 4896. This is close to 5000, but likely *not* more than 5000. 5. Evaluating correctness based on the answer key (B) 'Only 2': This implies Statement 1 is incorrect, Statement 2 is correct, and Statement 3 is incorrect. - Why 1 incorrect? Perhaps the formula presentation in the original question paper was flawed, or 'equals' was followed by an incorrect representation. - Why 2 correct? The formula described is the correct method for calculating an MP's vote value. - Why 3 incorrect? As calculated, the total number of electors was likely slightly less than 5000. 6. Analysis based on key (B): Statement 1 regarding MLA vote value calculation is considered incorrect (possibly due to format/error). Statement 2 describing MP vote value calculation is correct. Statement 3 claiming >5000 members is incorrect (total electors were slightly less).