Step 1: Understand the question.
A galvanometer with resistance $G$ gives full deflection at current $I_g$. Shunt $S_1$ makes it an ammeter reading up to $3I$, and shunt $S_2$ makes it read up to $4I$. We must find the ratio $S_2 : S_1$.
Step 2: Recall the shunt formula.
To turn a galvanometer into an ammeter of range $I_{\text{range}}$, we add a small shunt resistor in parallel. Its value is:
\[ S = \frac{I_g\, G}{I_{\text{range}} - I_g} \]
Step 3: Shunt for the first range.
For range $3I$:
\[ S_1 = \frac{I_g G}{3I - I_g} \]
Step 4: Shunt for the second range.
For range $4I$:
\[ S_2 = \frac{I_g G}{4I - I_g} \]
Step 5: Take the ratio.
Divide $S_2$ by $S_1$:
\[ \frac{S_2}{S_1} = \frac{\dfrac{I_g G}{4I - I_g}}{\dfrac{I_g G}{3I - I_g}} \]
Step 6: Cancel and simplify.
The $I_g G$ cancels from top and bottom, and the fractions flip:
\[ \frac{S_2}{S_1} = \frac{3I - I_g}{4I - I_g} \]
This matches option (2).
\[ \boxed{\frac{S_2}{S_1} = \frac{3I - I_g}{4I - I_g}} \]