Which one among the following statements pertaining to the President's term of office is not correct?
1
The President holds office for a term of 5 years.
2
The President may be removed from the office by way of impeachment.
3
The President may resign before the expiration of his/her term by writing to the Speaker of the Lok Sabha.
4
The President shall, notwithstanding the expiration of his/her term, continue to hold· office until his/her successor enters upon his/her office.