Given below are two statements:

Statement (I): The Government's spending on social services as a percentage of GDP has been rising since 2017-18.

Statement (II): The Government's spending on social services as a percentage of total expenditure has also been continuously rising since 2017-18.

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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