Statements (1) and (4) relating to the office of the President of India are correct. Statement (2) is incorrect as the President can promulgate ordinances only when the Parliament is not in session. The Rajya Sabha has an indefinite term and not subject to dissolution (Article 83). The term of an Individual Rajya Sabha member is 6 years and one-third of its members retire every two years. So, statement (3) is also incorrect.