Explanation:

The islands of the Arabian sea include Lakshadweep and Minicoy. These are scattered between 8°N-12°N and 71°E -74°E longitude. These islands are located at a distance of 280 km-480 km off the Kerala coast. The entire island group is built of coral deposits. There are approximately 36 islands of which 11 are inhabited. Minicoy is the largest island with an area of 453 sq. km. The entire group of islands is broadly divided by the Eleventh degree channel, north of which is the Amini Island and to the south of the Canannore Island. Hence, statement 1 is incorrect. Sri Lanka, formerly Ceylon, island country lying in theIndian Ocean and separated from peninsular India by the Palk Strait. Hence, statement 2 is correct.