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Option 1 states that the Indira Gandhi Government removed the right to property from the list of Fundamental Rights. This statement is incorrect. The right to property was actually removed from the list of Fundamental Rights during the rule of the Morarji Desai Government, as stated in option 2.
The Fundamental Right to property was originally included in the Indian Constitution under Article 19(1)(f) and Article 31. However, it was amended in 1978 by the 44th amendment, which removed the right to property as a Fundamental Right and made it a legal right instead. This amendment was introduced during the tenure of the Morarji Desai Government. It aimed to curb the excessive accumulation of legacy property and promote land reform. Therefore, the correct answer is option 2.