Explanation:

- An “office of profit” that disqualifies a person from being a member of Parliament or State Legislature generally refers to an office held under the government, where financial gain is involved.

- Statement 1: The Government of India

- Yes, holding an office of profit under the Central Government leads to disqualification.

- Statement 2: A state government

- Yes, holding such office under any State Government also leads to disqualification.

- Statement 3: A private company

- Offices under private companies do not count as “office of profit” for this purpose.

- Statement 4: A local authority

- Offices under a local authority (like municipalities, local bodies) are generally considered offices under the government for this rule.

Option 1, 3 only: Incorrect, because statement 3 (private company) doesn't count.

Option 2, 1 and 2 only: Correct, as only offices under government (both central and state) are covered for automatic disqualification.

Option 3, 1,2,3,4: Incorrect, because private company is not applicable.

Option 4, 1,2 and 4: Sometimes, local authority is included depending on context, but by Constitution, main disqualification is for office under government.

Correct Answer:

Option: 2, 1 and 2 only