Both 1 and 2 are correct statements regarding the differences between the Indian parliamentary democracy model and the British model.

In the British model, the Parliament is considered supreme or sovereign, meaning it has unlimited power to legislate on any matter. In contrast, in India, the Parliament`s power to legislate is limited by the provisions of the Constitution. The Indian Constitution provides for a federal system of government, which means that there are certain matters that fall under the exclusive jurisdiction of the state legislatures, and the Parliament cannot legislate on those matters.

In India, the Supreme Court has the power of judicial review, which means it can review the constitutionality of any law passed by the Parliament. In cases where the constitutionality of an Act of the Parliament is in question, the matter is referred to the Constitution Bench of the Supreme Court. In the British model, there is no such provision for judicial review, and the Parliament`s decisions are final.