Consider the following statements in regard to the President of India:

1. President is the highest decision-making authority in our politico-administrative system.

2. President can require the Prime Minister to submit, for consideration of the council of ministers, any matter on which a decision has been taken by a minister but, which has not been considered by the council.

3. President can make regulations for the peace, progress and good government of the Andaman and Nicobar Islands, Lakshadweep, Dadra and Nagar Haveli and Daman and Diu.

4. In the case of Puducherry and Delhi, the President can legislate by making regulations but only when the assembly is suspended or dissolved.

Which of the statements given above are correct?