Explanation:

About the Reclining Buddha

• A reclining Buddha is an image that represents Buddha lying down and is a major iconographic theme in Buddhist art.
• Statues and images of the Reclining Buddha show him lying on his right side, his head resting on a cushion or on his right elbow.
• It represents the Buddha during his last illness, about to enter Parinirvana, the stage of great salvation after death that can only be attained by enlightened souls.
• The Buddha’s death came when he was 80 years old, in a state of meditation, in Kushinagar in eastern Uttar Pradesh.
• It is meant to show that all beings have the potential to be awakened and be released from the cycle of death and rebirth.
• The reclining Buddha was first depicted in Gandhara Art.

Dhyana mudra

• The Dhyana mudra may be made with one or both hands.
• When made with a single hand the left one is placed in the lap, while the right may be engaged elsewhere. The left hand making the Dhyana mudra in such cases symbolizes the female left-hand principle of wisdom
• When made with both hands, the hands are generally held at the level of the stomach or on the thighs.
• The Dhyana mudra is the mudra of meditation, of concentration on the Good law, and of the attainment of spiritual perfection.
• It indicates the perfect balance of thought, rest of the senses and tranquillity.
• According to tradition, this mudra derives from the one assumed by Buddha when meditating under the pipal tree before his Enlightenment.

Abhaya Mudra

• It is a gesture of fearlessness or blessing that represents the protection, peace, benevolence and dispelling of fear. It is performed with the help of right hand by raising to shoulder height with a bent arm and the face of the palm will be facing outward with fingers upright whereas the left hand hanging down while standing. This gesture is characteristic of Buddha Shakyamuni and Dhyani Buddha Amoghasiddhi.

Hence only statement 2nd is correct.