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Option 1 states that in India, the Union can legislate on subjects on the State List only during an emergency. This statement is incorrect. In India, the Union has the power to legislate on subjects in the State List even in normal circumstances, through the mechanism of Parliament passing a law and the President giving his or her assent. Therefore, option 1 is incorrect.
Option 2 states that the words `socialist` and `secular` were added to the Preamble of the Constitution of India by the 46th Amendment. This statement is also incorrect. The words `socialist` and `secular` were actually added to the Preamble of the Constitution of India by the 42nd Amendment, not the 46th Amendment. The 42nd Amendment was passed in 1976, during the tenure of Prime Minister Indira Gandhi. Therefore, option 2 is also incorrect.
Since both statements in the options are incorrect, the correct answer is option 4, which states that neither statement 1 nor statement 2 is correct.