The correct answer is option 3 - Both 1 and 2.
Statement 1 is correct as Sachin Tendulkar has indeed been conferred with the honorary rank of Group Captain by the Indian Air Force. This honor was bestowed upon him in 2010 as a recognition of his contribution to Indian cricket.
Statement 2 is also correct as Sachin Tendulkar is indeed the first sportsperson to be conferred with the honorary rank of Group Captain by the Indian Air Force. This is a significant achievement as it showcases his immense impact and influence not just in the world of sports but also in the broader context of national recognition.
Therefore, both statements 1 and 2 are correct, making option 3 the correct answer.
Alert - correct answer should be option 3: Both 1 and 2.