Consider the following statements regarding the federal structure and emergency provisions under the Indian Constitution:

Statement I: During a National Emergency, the distribution of legislative powers between the Union and the States undergoes significant restructuring.
Statement II: Article 250 allows the Union Parliament to legislate on State List subjects for the duration of a national emergency.
Statement III: State Legislatures cease to function during a National Emergency as the Parliament assumes full control over state administration.

Which one of the following is correct in respect of the above statements?

1
Both Statement II and Statement III are correct, and both of them explain Statement I.
2
Both Statement II and Statement III are correct, but only one of them explains Statement I.
3
Only one of the Statements II and III is correct, and that explains Statement I.
4
None of the three statements is correct.

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