Consider the following statements : An amendment of the Constitution of India can be initiated by the I. Lok Sabha. II. Rajya Sabha. III. State Legislatures. IV. President. Which of the above statements is/are correct ?

Article 368 provides that an amendment may be initiated only by introducing a Bill in either House of Parliament — i.e., the Lok Sabha or the Rajya Sabha — and not in State Legislatures, so statements I and II are correct while III is not [2]. The same provision also notes that such a Bill may be introduced by a minister or a private member and does not require the President’s prior permission, which means the President is not an initiating authority for amendment Bills (so IV is incorrect) [1]. Hence only I and II are correct.

Sources

1. [1] Laxmikanth, M. Indian Polity. 7th ed., McGraw Hill. > Chapter 11: Amendment of the Constitution > PROCEDURE FOR AMENDMENT > p. 123
2. [2] https://www.mea.gov.in/images/pdf1/part20.pdf