Given below are two statements:

Statement I: In ancient India only informal system of education was in existence.

Statement II: In ancient India the Indigenous education was imparted at home, in temples, pathshalas and gurukulas.

In 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 Il is correct. 

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