Given below are two statements :

Statement I: The ancient university of Sridhanya katak was situated on the banks of river Yamuna.

Statement II: Sridhanya katak attained celebrity as the seat of both Brahmanical and Buddhist learning during the time of Siddha Nagarjuna.

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

1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct

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