Consider the following statements:

Statement I: India's agricultural sector has grown at an average rate of 5% annually from FY17 to FY23, driven by favorable weather, improved agricultural practices, and government support.

Statement II: High-value sectors like horticulture, livestock, and fisheries have become key drivers of agricultural growth, while oilseed production has shown a high growth rate.

Which one of the following is correct in respect of the above statements?

1
Both Statement I and Statement II are correct, and Statement II explains Statement I.
2
Both Statement I and Statement II are correct, but Statement II does not explain Statement I.
3
Statement I is correct, but Statement II is incorrect.
4
Statement I is incorrect, but Statement II is correct.

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