Given below are two statements :
Statement I :
Many bacteria carry plasmids, which are much smaller pieces of DNA, also circular, and self- replicating.
Statement II :
Plasmids are vitally important in the context of the environmental biotechnology in that they frequently carry the genes for degradative pathways.
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 II is correct