To determine which statements are correct regarding the State Legislative Council in India, let's examine each one:
This statement is incorrect. The Legislative Council (Vidhan Parishad) is indeed a continuing house, similar to the Rajya Sabha at the national level, but one-third of its members retire every two years, not two-third. Therefore, option (A) is incorrect.
This statement is correct. According to the method of composition of the Legislative Council, one-third of the members are elected by local bodies such as municipalities and district boards. Therefore, option (B) is correct.
This statement is correct. Article 169 in the Constitution of India states that Parliament may by law provide for the abolition or creation of a Legislative Council in a state if the legislative assembly of the state passes a resolution to that effect by a majority of the total membership of the assembly and by a majority of not less than two-thirds of the members of the assembly present and voting. Therefore, option (C) is correct.
From the analysis above, the correct statements are (B) and (C). Thus, the correct answer is:
Option: Only (B) and (C)