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Option 1 is incorrect. All laws passed by the State Legislature do not require the assent of the President. In general, laws passed by the State Legislature are enacted once they are signed by the Governor of the State.
Option 2 is correct. In times of emergency, the term of the State Assembly can be extended for a period of 6 months. This provision is mentioned in Article 356 of the Constitution of India.
Option 3 is incorrect. The State Legislative Council cannot be dissolved by the Governor. Unlike the State Legislative Assembly, the Legislative Council is a permanent body and its members are elected for a fixed term.
Option 4 is incorrect. The Council of Ministers of the State are not collectively responsible to the Governor of the State. They are collectively responsible to the State Legislature and are answerable to it for their actions. The Governor only acts as a nominal head of the State and exercises powers on the advice of the Council of Ministers.