Given below are two statements:
Statement I: Composting is aerobic degradation of organic materials under controlled conditions, yielding a marketable manure.
Statement II: In such composts, concentrations of key nutrients such as nitrogen, phosphorous and potassium are sufficient enough to compete with commercial fertilizers.
In light of the above statements, choose the most appropriate answer from the options given below.
1
Both Statement (I) and Statement (II) are true.
2
Both Statement (1) and Statement (II) are false.
3
Statement (I) is true but Statement (II) is false.
4
Statement (I) is false but Statement (II) is true.