The correct answer is option 3: Both 1 and 2.

The first statement is correct. Rig Veda reflects a naturalistic polytheism, which means that it acknowledges the existence of multiple Gods who were believed to personify different natural phenomena. In Rig Veda, various deities are worshipped for their control over elements like fire, the sun, and the wind.

The second statement is also correct. The Gods in Rig Veda were conceived as being anthropomorphic, which means they were believed to have physical forms that were similar to humans. They were described as having human-like features, emotions, and characteristics. This anthropomorphic depiction of Gods helped people relate to them and understand their actions and motivations.

Therefore, both statements are correct, and the correct answer is option 3: Both 1 and 2.