Option 1: Both the statements are individually true and Statement II is the correct explanation of Statement I.

This option suggests that both statements are true and that Statement II explains Statement I correctly. However, this is not the correct answer as it goes against the provided correct answer.

Option 2: Both the Statements are individually true but Statement II is not the correct explanation of Statement I.

This option states that both statements are true, which is correct. However, it also states that Statement II is not the correct explanation of Statement I, which is the correct answer.

Option 3: Statement I is true but Statement II is false.

This option suggests that Statement I is true but Statement II is false. However, this is not the correct answer as both statements are true.

Option 4: Statement I is false but Statement II is true.

This option suggests that Statement I is false but Statement II is true. However, this is not the correct answer as Statement I is true.

Therefore, the correct answer is option 2, stating that both statements are individually true, but Statement II is not the correct explanation of Statement I.