Given below are two statements

Statement I: The Indian Institute of Technology (IIT) Bombay was founded in the year 1958.

Statement II: The Indian Institute of Science (IISc) Bangalore was founded in the year 1909.

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 I is incorrect but Statement II is correct.

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