Explanation:

- The Speaker of the Lok Sabha primarily manages the conduct of business in the Lok Sabha. They do not have the power to form a new state.

- The President of India formally proclaims new states, but they do so based on proposals and approvals from the Parliament. They alone do not have the power to form a new state.

- The Prime Minister can propose and advocate for the creation of a new state but lacks the authority to form one independently.

- The Supreme Court interprets the law and cannot make decisions regarding the formation of new states.

?? Correct Answer: Option 2, the President (but based on Parliament's decision).

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