Given below are two statements:

Statement I: In a breeder reactor more fissile material is produced than it is consumed.

Statement II: In a breeder reactor, breeding works best with slow neutrons and hence moderators are required.

In 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 1 is incorrect but Statement II is correct.

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