Given below are two statements:

Statement I: Fostering local competencies among students and teachers is one of the core values promoted by NAAC (National Assessment and Accreditation Council) among the institutions of higher learning.

Statement II: Improving the overall quality of State institutions is one of the objectives of RUSA (Rashtriya Uchchatar Shiksha Abhiyan).

In 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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