Step 1: Recall the definition of co-prime numbers.
Two numbers are co-prime if their only common factor is 1. In other words, their HCF is always 1.
Step 2: Match the definition to the options.
Final Answer: The HCF of \( p \) and \( q \) is \( \mathbf{1} \), which corresponds to option \( \mathbf{(4)} \).