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Option 1: M. Hidayatullah - He served as the Chief Justice of India and also as the Vice President of India, but he did not hold the offices of Judge of the Supreme Court and the Speaker of the Lok Sabha simultaneously.
Option 2: K.S. Hegde - This is the correct answer. K.S. Hegde served as a Judge of the Supreme Court of India and later became the Speaker of the Lok Sabha. He is known for his integrity and impartiality in both roles.
Option 3: SubbaRao - There is insufficient information provided about SubbaRao to determine if he held the offices of Judge of the Supreme Court and the Speaker of the Lok Sabha.
Option 4: P.N. Bhagwati - He served as the Chief Justice of India but did not hold the offices of Judge of the Supreme Court and the Speaker of the Lok Sabha.
Therefore, the correct answer is option 2, K.S. Hegde.