In option 1, Statement 1 is correct as per Article 85(2) of the Indian Constitution which empowers the president to summon each House of Parliament to meet at such time and place as he thinks fit.

Option 2, though partially correct, is flawed because it`s not constitutionally incumbent to conduct three sessions of Parliament in a year although conventionally three sessions are held: the Budget, Monsoon, and Winter Sessions. However, the constitution does not strictly mandate this.

Option 3 combines Statements 1 and 3, both of which are correct.

In Statement 3, the Indian Constitution does not specify a minimum number of days that the Parliament is required to meet in a year. It merely states that there should not be a gap of more than six months between two sessions.

Option 4 also combines two statements, but statement 2 is flawed as explained above.

Therefore, the correct answer is Option 3.