Given below are two statements:

Statement I: In formative evaluation, the overall performance of the students are reported to parents at the end of the year.

Statement II: In summative evaluation, the teacher clarifies the doubts of students in the class itself.

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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