Statement 1 - Fascicular cambium is present between primary xylem and primary phloem.
Statement 2 - Heartwood is light in color and very soft.
Statement 1 and statement 2 both are right.
Statement 1 is wrong , statement 2 is right.
Statement 2 is wrong , statement 1 is right.
Both the statements are wrong.
Statement 1 is correct, Intrafascicular cambium is the primary lateral meristem. Intrafascicular or Fascicular cambium is present between the Xylem and phloem in the form of a narrow strip of primary meristematic cells.
Statement 2 is incorrect because Heartwood is dark in color and part of secondary xylem. It is hard and its tracheary elements have tannins, resins, gums etc.
Option 3 is the correct answer.