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Option 1: This statement is correct. The Fifth Schedule of the Constitution of India applies to certain areas in the States other than Assam, Meghalaya, Tripura, and Mizoram. These areas are designated as Scheduled Areas and have separate provisions for their administration.
Option 2: This statement is correct. Under the Fifth Schedule, Tribal Advisory Councils are to be constituted to give advice on matters affecting the welfare and development of the Scheduled Tribes.
Option 3: This statement is incorrect. The Governor is authorized to make regulations to prohibit or restrict the transfer of land by, or among members of the Scheduled Tribes. This provision is aimed at safeguarding the land rights of the Scheduled Tribes and protecting them from exploitation.
Option 4: This statement is correct. The Governors of the States where there are scheduled areas have to submit reports to the President regarding the administration of such areas. These reports are meant to ensure that the provisions of the Fifth Schedule are being implemented effectively.
In summary, the correct answer is option 3, as the statement regarding the Governor`s authority to make regulations on land transfer by the Scheduled Tribes is incorrect.