Consider the following statements:

Statement-I: National Handloom Day is celebrated on August 7th every year to mark the launch of the Quit India Movement in 1942.

Statement-II: The day commemorates the Swadeshi Movement of 1905, which encouraged the boycott of British goods in favor of Indian-made products, including handloom textiles.

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

1
Both Statement-I and Statement-II are true, and Statement-II is the correct explanation of Statement-I.
2
Both Statement-I and Statement-II are true, but Statement-II is not the correct explanation of Statement-I.
3
Statement-I is false, but Statement-II is true.
4
Both Statement-I and Statement-II are false.

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