The correct option is D Statement 1 is wrong but Statement 2 is correct
Currents not a vector. When two currents flow into a junction, then they simply add algebraically. In other words, no matter what the angle of the junction was, currents add to give the same sum current flowing out of the junction.
Currents is a quantitiy with magnitude and direction but is a scalar.
A quantity is a vecotor only if it follows parallelogram law of addition.