Given below are two statements :
Statement (I): Party system provides normal means of fighting political battles.
Statement (II): One of the aims of the party system is to replace the traditional elites with new elites.
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