The correct answer to this question is option 1, which states that all three statements about the Preamble of the Indian Constitution are correct.

Statement 1 is correct: The Preamble by itself is not enforceable in a Court of Law. The Preamble does not confer any rights or obligations and cannot be used as a basis for legal action. However, it does have persuasive value and is often referred to by the courts to understand the intent and spirit of the Constitution.

Statement 2 is correct: The Preamble states the objectives which the Constitution seeks to establish and promote. It lays down the foundation and ideals on which the Constitution is based. It includes concepts like justice, liberty, equality, and fraternity that the Constitution seeks to achieve.

Statement 3 is correct: The Preamble indicates the source from which the Constitution derives its authority. It begins with the phrase "We, the people of India" which signifies that the power and authority of the Constitution come from the people of India.

It is important to note that the Preamble is not just a decorative statement but holds significant importance in understanding the spirit of the Indian Constitution.