Answer
It lies between quadrants 1 and 2
Explanation :
As far as I can tell, the definition of the four quadrants does not include the axes.
So if we represent angles by non-negative values of θ then :
0<θπ2
π2<θ<π
π<θ<3π2
3π2<θ<2π
The point (0,1) is on the positive part of the y axis, with angle θ=π2 from the x axis. So it lies between Q1 and Q2.