Option 1 -> States minimum age as 32 years, but the actual constitutional requirement is 35 years.
Option 2 -> Correctly states that the President must be a citizen of India as per Article 58.
Option 3 -> Correctly mentions the requirement of being qualified for Lok Sabha membership as per Article 58.
Option 4 -> Correctly states that the President cannot hold any office of profit under government.
Hence, Option 1 -> The minimum age requirement for the President of India is 35 years (not 32 years) as specified in Article 58 of the Indian Constitution. This makes Option 1 an incorrect qualification statement. -> correct