Which one of the following statements about the Supreme Court is not correct?
1
Under Article 129 and Article 144 of the Constitution of India, the Supreme Court has been vested with power to punish for contempt of court.
2
The Supreme Court has been vested with advisory jurisdiction.
3
The Supreme Court may refuse to provide opinion to the President, if so asked, in certain circumstances.
4
Law declared by the Supreme Court is binding on all courts within the territory of India.