Consider the following statements :

Statement I: Some rare earth elements are used in the manufacture of flat television screens and computer monitors.

Statement II: Some rare earth elements have phosphorescent properties.

Which one of the following is correct in respect of the above statements?

1
Both Statement I and Statement II are correct and Statement II explains Statement I
2
Both Statement I and Statement II are correct but Statement II does not explain Statement I
3
Statement I is correct but Statement II is not correct
4
Statement I is not correct but Statement II is correct

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