3. Regarding the office of the Lok Sabha Speaker, consider the following statements: [2012 – I] 1. He/She holds the office during the pleasure of the President. 2. He/She need not be a member of the House at the time of his/her election but has to become a member of the House within six months from the date of his/her election. 3. If he/she intends to resign, the letter of his/her resignation has to be addressed to the Deputy Speaker. Which of the statements given above is /are correct?