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Correct Option is 1,2 and 3

Under the term "misbehaviour" the President can remove the chairman or any other member of but only after referring the matter to the Supreme Court for an enquiry. If the Supreme Court upholds the cause of removal and advises so, the president can remove the chairman or a member. Under the provisions of the Constitution, the advice tendered by the Supreme Court in this regard is binding on the president. The term misbehaviour includes 1. Being concerned or interested in any contract or agreement made by the Government of India or the government of a state. 2. Participates in any way in the profit of such contract or agreement or in any way. Hence all statements are correct. The salaries, allowances and other conditions of service of the chairman or a member are determined by the Central government. But, they cannot be varied to his disadvantage after his appointment.

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