In a democracy, the will of the people is supreme. Which of the following statement concerning democracy in India best reflects this? (1) The President appoints the Prime Minister who is the leader of the political party possessing a majority in the Lok Sabha. (2) An assembly of elected representatives exercises political authority on behalf of the people. (3) In case of a difference between the two Houses of Parliament, the final decision is taken in a joint session of the two Houses. (4) The permanent executive has more powers than the political executive.