Explanation:

India is a federal (or quasi-federal) democratic republic with a parliamentary system of government largely based on the UK model.  India’s modern parliamentary institutions originate from the British colonial administration but developed organically as a result of increasing Indian demand for greater representation in government. India derived its parliamentary system from the British Parliamentary System but unlike the British parliament, Indian Parliament is not a fully sovereign body. This can be inferred from the following provision:System of Judicial review, Written Constitution, Federal system of government and Fundamental rights but not present of President. Hence option 3rd is incorrect.