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The given statements about Jawaharlal Nehru are
I. He was the President of the Congress Party in 1947: This statement is incorrect. Nehru was the President of the Indian National Congress during 1929-30, 1936, 1937, 1946, 1951 and 1952. In 1947, when India gained independence, the Congress President was J.B. Kripalani.
II. He presided over the Constituent Assembly: This statement is also incorrect. Dr. Rajendra Prasad was the President of the Constituent Assembly.
III. He formed the first Congress Ministry in the United Province before India’s independence: This statement is incorrect too. The first Congress Ministry in United Province (now Uttar Pradesh) was formed in 1937, and it was led by Govind Ballabh Pant. Thus, Jawaharlal Nehru did not form the first Congress ministry in this province.
Considering each statement separately, it is evident that option 4 "None is correct" is indeed the correct answer as none of the statements about Nehru is true.