The correct option is "Neither 1 nor 2" because both statements misinterpret the scope of judicial review provided by the Constitution of India. Statement 1 is incorrect as High Courts have the power to assess the constitutionality of both central and state laws under Article 226. Statement 2 is also incorrect; while the Supreme Court respects the basic structure doctrine established in the Kesavananda Bharati case, amendments to the Constitution can indeed be reviewed if they violate the Constitution's fundamental principles, thus ensuring a system of checks and balances.