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The correct answer is option- 4, Neither 1 nor 2.
Option 1 states that the Committee on Estimates is an ad hoc committee of the Parliament. However, this statement is incorrect. The Committee on Estimates is actually a standing committee of the Parliament. Standing committees are permanent committees that are established by the rules of the Parliament and their members are elected or nominated for the duration of the parliamentary term.
Option 2 states that the Committee on Railway Convention is a standing committee of the Parliament. This statement is also incorrect. There is no committee called the Committee on Railway Convention in the Parliament.
Therefore, both statements in options 1 and 2 are incorrect. The correct answer is option 4, Neither 1 nor 2.