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The correct answer is option 3, which states that both statements 1 and 2 are correct.
Statement 1: Russia emerged as the first socialist state in the world. This statement is correct because after the Russian Revolution in 1917, the Bolsheviks, led by Vladimir Lenin, established the Russian Soviet Federative Socialist Republic. This marked the first time in history that a socialist state had been created.
Statement 2: The socialist state in Russia was established by the Bolsheviks in 1917. This statement is also correct as it aligns with the historical events of the Russian Revolution. The Bolsheviks, a faction of the Russian Social Democratic Labor Party, overthrew the Provisional Government in October 1917 and established a socialist state.
In summary, both statements correctly describe the establishment of a socialist state in Russia by the Bolsheviks in 1917, making option 3 the correct answer.