The correct option is "Neither 1 nor 2."

In the context of Indian elections, statement 1 is incorrect because a candidate can win a Lok Sabha or State Assembly election by securing the highest number of votes in their constituency, without needing to achieve 50 percent of the total votes polled; this is known as a simple majority. Statement 2 is also incorrect, as the Speaker of the Lok Sabha is elected by its members from among themselves and is not necessarily from the majority party, while the Deputy Speaker is similarly elected and can come from either the majority or opposition parties, even if conventionally it has been from the opposition. This highlights the principles of parliamentary democracy where election and roles within the legislature are defined by procedural norms rather than rigid constitutional mandates.