Ans option 2
Fe(OH)3 does not dissolve in NaOH solution, because
it has low solubility constant of order 10−34 Hence it would not dissolve as
solubility constant α solubility
whereas Zn(OH)3 generally exist in its complex,it is surrounded by water molecules. thus when NaOH is added OH−1 would reduce the complex and make it soluble hence it is soluble.