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The correct answer is option 2, which states that statements 1 and 2 are correct.
Statement 1: India is fast exhausting reserves of fossil fuel resources.
This statement is not mentioned in the question, so it is not relevant to the Jawaharlal Nehru Solar Mission.
Statement 2: Solar energy is a clean source of energy.
This statement is correct. The Jawaharlal Nehru Solar Mission was launched to boost India`s power-generating capacity by focusing on solar energy. Solar energy is considered a clean source of energy because it does not produce harmful emissions or pollutants.
Statement 3: India lacks technology for development of other alternative sources of power generation.
This statement is not mentioned in the question, so it is not relevant to the Jawaharlal Nehru Solar Mission.
In summary, the correct statements regarding the Jawaharlal Nehru Solar Mission are that solar energy is a clean source of energy and India is fast exhausting reserves of fossil fuel resources.