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The correct answer is indeed option 4, meaning neither statement 1 nor 2 is correct.
Statement 1 is incorrect because biodiversity hotspots are not only found in tropical regions. Biodiversity hotspots refer to geographical areas that contain high numbers of endemic species, hence they are not strictly restricted to tropical regions. Examples include the Mediterranean Basin and the California Floristic Province which are outside of the tropics.
Statement 2 is also incorrect. While India is home to significant biodiversity, it has only three recognized hotspots. These hotspots are the Eastern Himalayas, Western Ghats and Andaman and Nicobar Islands. The Western Himalayas are not considered as a separate biodiversity hotspot.
This analysis helps to underscore the correct answer, i.e., neither statement 1 nor 2 is correct.