Explanation:

- Statement I: England is not the only country to win the ICC T20 World Cup twice. Both West Indies and England have done so. The West Indies won in 2012 and 2016, while England won in 2010 and 2022. Hence, this statement is incorrect.

- Statement 2: Virat Kohli has indeed been adjudged as the Player of the Series in the ICC T20 World Cup twice, in 2014 and 2016. Thus, this statement is correct.

- Option 1: I only - Incorrect

- Option 2: 2 only - Correct

- Option 3: Both I and 2 - Incorrect

- Option 4: Neither I nor 2 - Incorrect

Correct Answer: Option 2, 2 only