Consider the following statements : 1. 'Bijak' is a composition of the teachings of Saint Dadu Dayal. 2. The Philosophy of Pushti Marg was propounded by Madhvacharya. Which of the statements given above is/are correct?

Let's examine each statement:

1. 'Bijak' is a composition of the teachings of Saint Dadu Dayal. This statement is incorrect. 'Bijak' is the most significant and well-known collection of the teachings and verses of Saint Kabir. Kabir Das was a 15th-century Indian mystic poet and saint, whose writings influenced the Bhakti movement. Saint Dadu Dayal, a 16th-century saint from Rajasthan, was also a prominent figure in the Bhakti movement, but his teachings are primarily compiled in works like 'Dadu Anubhav Vani' and 'Dadu Ram Janam'.

2. The Philosophy of Pushti Marg was propounded by Madhvacharya. This statement is incorrect. The 'Pushti Marg' (Path of Grace) philosophy, a prominent Vaishnavite school of Vedanta focusing on the worship of Krishna, was propounded by Vallabhacharya (1479-1531 CE). Madhvacharya (13th century CE) was another influential philosopher who propounded the Dvaita (dualism) school of Vedanta, which is distinct from Pushti Marg.

Since both statements are incorrect, the correct option is 'Neither 1 nor 2'.