Direction: It consists of two statements, one labelled as ‘Statement (I)’ and the others as ‘Statement (II)’. You are to examine these two statements carefully and select the answer using the codes given below:

Statement (I): Carbon offsets are credits for reductions in greenhouse gas emissions.

Statement (II): Carbon offsets are quantified and sold in metric tons of carbon dioxide equivalent (CO2e).

1
Both Statement (I) and Statement (II) are individually true and Statement (II) is the correct explanation of Statement (I)
2
Both Statement (I) and Statement (II) 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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