Given below are two statements

Statement I: In one minute, the minute hand of a clock moves 5°.

Statement II: In one minute, the hour hand of a clock moves 1°.

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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