Given below are two statements

Statement I: The contents of most forms of RAM are volatile, thus making them unsuitable for long term data storage.

Statement II: Hard disk has faster access of data in comparison to RAM as well as processor registers.

In 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 Il is true 

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