Concept:
Tectonites are rocks whose internal fabric (foliation, lineation, deformation features) records the stresses and strains they experienced during tectonic activity. Studying these fabrics lets geologists reconstruct the deformation history of a region.
Step 1:
Statement-I says tectonic fabrics reveal the direction and magnitude of past stresses, allowing reconstruction of tectonic events. This is correct, because the orientation and intensity of fabric elements directly reflect the stress field that produced them.
Step 2:
Statement-II says tectonites give insight into mountain building and continental collision. This is also correct, since the deformation preserved in tectonites is produced during such large-scale orogenic and collisional processes.
Answer: Option (3) — Both statement-I and statement-II are correct.