Given below are two statements: in the context of MS-WORD software

Statement I: The tool which is used to insert decorative text in a document is called Clipart.

Statement II: The purpose of using Keyboard shortcut CTRL + X followed by CTRL + V for a selected text paragraph in a document is to Cut and Paste

In the light of the above statements, choose the correct answer from the options given below 

1
Both Statement I and Statement II are true
2
Both Statement I and Statement II are false
3
Statement I is true but Statement II is false 
4
Statement I is false but Statement II is true

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