With reference to consequences of emergency provisions on the legislative relations between centre and states, consider the following statements:
1. Upon proclamation of National emergency, the state legislatures are prohibited to make laws on matters related to state lists.
2. Laws made by the Parliament will continue to be operative even after revocation of the President's rule.
3. Upon proclamation of President's rule, generally the legislative power of states will be exercised by the President of India.
4. Upon proclamation of financial emergency, legislative power of states related to financial matters will be exercised by the Parliament.
How many of the above given statements are correct?