Final answer:
Both statements regarding the Leader of the Opposition in the Lok Sabha are correct: they are defined as the leader of the largest opposition party recognized by the presiding officer and are a member of the selection committee for the Chief Information Commissioner.
Step-by-step explanation:
The Leader of the Opposition in the Lok Sabha is an important figure in maintaining a functional balance and adequate representation in India's parliamentary democracy. According to the Lok Sabha's rules and conventions, the first statement is correct, which states that the Leader of the Opposition is defined as the leader of the largest opposition party with significant numerical strength that is recognized by the Lok Sabha's presiding officer.
Regarding the second statement, which says that the Leader of the Opposition is a member of the committee to select the Chief Information Commissioner, this is also correct. This role is significant as it provides a degree of bipartisan consensus in the selection of key personnel for positions related to transparency and governance. Therefore, both statements presented are accurate in describing two functions of the Leader of the Opposition in the Lok Sabha.