Who has the power to abolish or create legislative council in the state?

Parliament

The correct answer is Option 1 - Parliament

In India, the power to abolish or create a Legislative Council (also known as Vidhan Parishad) in a state lies with the Parliament. Specifically, Article 169 of the Constitution of India empowers Parliament to enact a law to abolish or create a Legislative Council in a state, provided certain conditions are met. These conditions include the state legislature passing a resolution to that effect with a special majority, as specified in the article.