Which of the following statements is/are correct? 1. A Bill pending in the Lok Sabha lapses on its prorogation. 2. A Bill pending in the Rajya Sabha, which has not been passed by the Lok Sabha, shall not lapse on dissolution of the Lok Sabha. Select the correct answer using the code given below.

Statement 2 is correct because a bill pending in the Rajya Sabha that has not been passed by the Lok Sabha does not lapse upon the dissolution of the Lok Sabha, as the Rajya Sabha is a permanent chamber. Statement 1 is incorrect because prorogation only terminates a session of the House and does not cause any pending bills to lapse; only dissolution of the Lok Sabha leads to the lapsing of specific bills. This question tests the core concept of the "Lapsing of Bills" under Article 107 and the constitutional effects of prorogation versus dissolution on parliamentary business.