Given below are two statements:

Statement I: If big corporate houses establish universities in India, quality professional training and education can be given to students.

Statement II: It is expected that universities and institutes established by corporate houses will be world leaders in education.

In the 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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