Given below are two statements:

Statement I : The idea of abolition of regulatory bodies of education like UGC, AICIE and NCTE is based on the assumption that such multiple bodes are redundant.

Statement II : The Bar Council of India has opposed the idea of abolition of regulatory bodies as it would affect its role as the apex regulatory body of legal professionals in India

In the light of the above statements, choose the correct answer from the options given below:

1
Both Statement I and Statement II are true.
2
Both Statement I 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.

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