The correct option is "2 only" because Badruddin Tyabji was indeed the first Muslim President of the Indian National Congress, serving in 1887. However, the first woman President was not Sarojini Naidu; it was Annie Besant who held that position in 1917. This distinction is significant for understanding the role of diverse communities and representation in India's struggle for independence, highlighting the contributions of both women and minority groups in the political landscape during that period. Such knowledge is crucial for UPSC Prelims as it fosters a broader understanding of historical movements and key figures in India's fight for freedom.