Statement 1 is correct while statement 2 is incorrect.
1. A bill pending in the Lok Sabha lapses (whether originating in the Lok Sabha or transmitted to it by the Rajya Sabha).
2. A bill passed by the Lok Sabha but pending in the Rajya Sabha lapses.
3. A bill not passed by the two Houses due to disagreement and if the president has notified the holding of a joint sitting before the dissolution of Lok Sabha, does not lapse.
4. A bill pending in the Rajya Sabha but not passed by the Lok Sabha does not lapse.
5. A bill passed by both Houses but pending assent of the president does not lapse.
6. A bill passed by both Houses but returned by the president for reconsideration of Houses does not lapse.

Indira Point is a village in the Nicobar district at Great Nicobar Island of Andaman and Nicobar Islands.

Continental Shelf is the submerged edge of a continent which is a gently sloping plain that extends into the Ocean. The shelf is formed mainly due to
• Rise in sea level
• Submergence of a part of a continent
• Sedimentary deposits brought down by rivers

Statement 1 is incorrect while statement 2 is correct.
The United Nations General Assembly(UNGA) is one of the six principal organs of the United Nations (UN), serving as the main deliberative, policy-making, and representative organ of the UN.
The UNGA is responsible for the UN budget, appointing the non-permanent members to the Security Council, appointing the Secretary-General of the United Nations, receiving reports from other parts of the UN system, and making recommendations through resolutions.

India and South Africa give an institutional framework through forums such as the G20, the Indian Ocean Rim Association, BRICS and IBSA.