What are the correct territorial limits of legislative powers vested in centre and state?

Q.   What are the correct territorial limits of legislative powers vested in centre and state?

1) Parliament can make law for a part of territory of India.

2) ‘Extra-territorial legislation’ can be made by Parliament as well as states (in some cases).

3) In case of overlap in concurrent and state list, concurrent list prevails.

4) During a financial emergency the President can ask the states to reserve their financial bills including money bills for his consideration.

1. 1, 2, 4
2. 1, 3, 4
3. 2, 3
4. All of the above

Answer: 1, 3, 4