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The correct option is 3, which means both statements 1 and 2 are correct.
Statement 1: The Directive Principles of State Policy are indeed meant for promoting social and economic democracy in India. The Directive Principles provide guidelines and principles for the government to establish a just and egalitarian society by promoting social welfare and economic justice. These principles are not enforceable by the courts but are fundamental in the governance of the country.
Statement 2: The Fundamental Rights enshrined in Part III of the Indian Constitution are indeed subject to reasonable restrictions. While these rights provide individuals with certain liberties and protections, they are not absolute and can be restricted by the government in certain situations, such as in the interest of public order, morality, or the sovereignty and integrity of the country.
Statement 3, however, is incorrect. Secularism is not a basic feature of the constitution of every country. While secularism is a fundamental principle of the Indian Constitution, not all countries have it as a basic feature in their constitutional framework. Alert - correct answer should be 2 only.