Period of limitation to take cognizance of an offence punishable for a term more than three years imprisonment is

Option (1) is incorrect: Minimum limitation period under the Code of Criminal Procedure is six months. Option (2) is incorrect: Under Section 468(2) of the Code of Criminal Procedure, the period of limitation for taking cognizance is one year if the offence is punishable with imprisonment for a term, not exceeding one year. Option (3) is incorrect: Under Section 468(2) of the Code of Criminal Procedure, the period of limitation for taking cognizance is three years if the offence is punishable with imprisonment for a term exceeding one year, but not exceeding three years. Option (4) is correct: The Code of Criminal Procedure doesn’t provide any provision of period of limitation to take cognizance of an offence punishable for a term more than three years.