Correct Option
Statement 4 is correct. The value of vote of each MLA is determined by the formula: (Total population of the State / Total number of elected members of the State Legislative Assembly) x 1/1000. This implies that the value is directly proportional to the population-to-seat ratio. For Puducherry, the value of an MLA's vote is 16, while for Arunachal Pradesh, it is 8. This difference arises because the ratio of total population to the total number of elective seats is higher in Puducherry compared to Arunachal Pradesh, resulting in a higher vote value for its MLAs.
Incorrect Options
Statement 1 is incorrect. The Electoral College for the election of the President of India comprises only the elected members of both Houses of Parliament and the elected members of the Legislative Assemblies of the States and Union Territories with legislatures (Article 54). Nominated members of Parliament or State Legislative Assemblies are not part of the Electoral College.
Statement 2 is incorrect. The value of an MLA's vote is calculated based on the state's population and the total number of elected members in its Legislative Assembly. It is not solely dependent on the number of elective assembly seats. A higher number of seats does not automatically translate to a higher vote value; the population-to-seat ratio is the critical factor. For instance, states with large populations generally have a higher vote value per MLA, irrespective of the absolute number of seats compared to smaller states.
Statement 3 is incorrect. The value of an MLA's vote depends on the population-to-seat ratio of the respective state. The value of each MLA's vote in Kerala is 152, whereas in Madhya Pradesh, it is 131. Therefore, the value of an MLA's vote in Kerala is greater than that in Madhya Pradesh, indicating a higher population-to-seat ratio in Kerala.