Consider the following statements and choose the correct option from the alternatives given below:

Statement I : Montagu-Chelmsford Reforms introduced bicameralism for the first time in the country.

Statement II : It divided the central subjects into two parts, transferred and reserved.

1
Both statements are individually true and Statement II is the correct explanation of Statement I.
2
Both statements are individually true but Statement II is not the correct explanation of Statement I.
3
Statement I is true but Statement II is false.
4
Statement I is false but Statement II is true.

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