Option 1 -> Excludes Members of Legislative Assemblies, which are essential members of the electoral college.
Option 2 -> Incorrectly includes Members of Municipal Corporations and excludes Members of Lok Sabha.
Option 3 -> Incorrectly includes Members of Municipal Corporations, who are not part of the Presidential electoral college.
Option 4 -> Correctly includes elected members of Lok Sabha, Rajya Sabha, and State Legislative Assemblies (including Delhi and Puducherry).
Hence, Option 4: (A), (C) and (D) only -> As per Article 54 of the Indian Constitution, the President is elected by an electoral college consisting of elected members of both Houses of Parliament (Lok Sabha and Rajya Sabha) and elected members of Legislative Assemblies of States and Union Territories (Delhi and Puducherry). Members of Municipal Corporations, being part of local government bodies, are not part of this electoral college. -> correct