Consider the following statements with respect to 'the Ordinan | Sarat Chandra IAS Academy

Consider the following statements with respect to 'the Ordinance making power of the Indian President under Article 123 of the Constitution’-
1) The power of the President to promulgate an Ordinance is co-terminus with the legislative powers of the Parliament.
2) An Ordinance can be promulgated only when neither of the Houses is in session
3) The satisfaction of the President regarding promulgation of an Ordinance is subject to judicial review.
4) An Ordinance can be promulgated if the circumstances require an immediate action by the President.