Step 1: Tenure of Prime Minister: The Prime Minister of India does not have a fixed term of five years. The PM holds office as long as he/she enjoys the confidence of the Lok Sabha, which has a maximum term of five years. The PM’s term can end earlier if confidence is lost.
Step 2: Tenure of Chief Minister: Similarly, the Chief Minister’s term depends on the confidence of the state legislative assembly, not a fixed five years. The assembly has a maximum term of five years.
Step 3: No Fixed Terms: Neither the Prime Minister nor the Chief Minister has a constitutionally fixed term; both serve as long as they command majority support.
Therefore, both statements (1) and (2) are false.