Both statements (1 and 2) are correct regarding the taxation system of Krishna Deva Raya, the ruler of Vijayanagar. Statement 1 is correct. Land tax based on quality The Vijayanagara Empire, under Krishna Deva Raya, had a well-defined taxation system. Land revenue was the primary source of income, and the tax rate was determined based on the land's quality, fertility, and irrigation methods. This ensured a fair system where more productive lands yielded higher tax revenue. Statement 2 is correct. Industry tax, besides land tax, the empire levied taxes on various professions and activities. Private workshops and businesses likely paid an industry tax, contributing to the state's treasury.