Consider the following statements:
Statement-I: According to the United Nations' World Water Development Report, 2022, India extracts more than a quarter of the world's groundwater withdrawal each year.
Statement-II: India needs to extract more than a quarter of the world's groundwater each year to satisfy the drinking water and sanitation needs of almost 18% of world's population living in its territory.
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 is the correct explanation for Statement-I
2
Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
3
Statement-I is correct but Statement-ll is incorrect
4
Statement-I is incorrect but Statement-ll is correct