To solve this, we need to understand the meaning of "constitutional morality" and its focus on core values:
1. Step 1: Understanding Constitutional Morality.
Constitutional morality refers to the respect and adherence to the Constitution's principles, values, and guidelines. It is the idea that the functioning of a democratic society should be based on constitutional principles, even when popular opinion or political expediency suggests otherwise.
2. Step 2: Core Values in Constitutional Morality.
The core values that constitutional morality promotes include the rule of law, liberty, equality, and fraternity. These principles are derived from the preamble and the essential framework of the Indian Constitution, guiding the functioning of the government and the protection of citizens' rights.
3. Step 3: Elimination of Incorrect Options.
Option (2) Market freedom and property rights are not central to constitutional morality; it focuses more on justice, liberty, and equality.
Option (3) Popular sentiment and public morality can change over time, but constitutional morality remains rooted in the constitution.
Option (4) Executive discretion and majoritarianism are not in line with the principles of fairness and equality found in constitutional morality.
4. Step 4: Conclusion.
The correct answer is Option (1), which includes the values of rule of law, liberty, equality, and fraternity, all of which are the essence of constitutional morality.
I may here trace the history of the shaping of the Preamble because this would show that the Preamble was in conformity with the Constitution as it was finally accepted. Not only was the Constitution framed in the light of the Preamble but the Preamble was ultimately settled in the light of the Constitution. In the earliest draft the Preamble was something formal and read: "We, the people of India, seeking to promote the common good, do hereby, through our chosen representatives, enact, adopt and give to ourselves this Constitution." After the plan of June 3, 1947, which led to the decision to partition the country and to set up two independent Dominions of India and Pakistan, on June 8, 1947, a joint sub-committee of the Union Constitution and Provincial Constitution Committees, took note that the objective resolution would require amendment in view of the latest announcement of the British Government. The announcement of June 3 had made it clear that full independence, in the form of Dominion Status, would be conferred on India as from August 15, 1947. After examining the implications of partition the sub-committee thought that the question of making changes in the Objectives Resolution could appropriately be considered only when effect had actually been given to the June 3 Plan. Later on July 12, 1947, the special sub-committee again postponed consideration of the matter. The Union Constitution Committee provisionally accepted the Preamble as drafted by B.N. Rao and reproduced it in its report of July 4, 1947 without any change, with the tacit recognition at that stage that the Preamble would be finally based on the Objectives Resolution. In a statement circulated to members of the Assembly on July 18, 1947 Pandit Jawaharlal Nehru inter alia, observed that the Preamble was covered more or less by the Objectives Resolution which it was intended to incorporate in the final Constitution, subject to some modification on account of the political changes resulting from partition. (327 words) [Extracted with edits and revision from B Shiva Rao's - Framing of India's Constitution]