With reference to BRIC countries, consider the following statements : 1. At present, China's GDP is more than the combined GDP of all the three other countries. 2. China's population is more than the combined population of any two other countries. Which of the statements given above is/are correct?

1. Statement I asserts that the Parliament of India consists of three parts: President, Council of States (Rajya Sabha), and House of the People (Lok Sabha). Article 79 of the Constitution states, "There shall be a Parliament for the Union which shall consist of the President and two Houses to be known respectively as the Council of States and the House of the People." This statement is correct. 2. Statement II claims the President of India is not a member of either House of Parliament. The President is indeed not a member of Rajya Sabha or Lok Sabha. This statement is correct. 3. Relationship: While Statement II is a correct fact about the President's status, it doesn't fully explain *why* the President is considered a part of Parliament (Statement I). The President is part of Parliament because presidential assent is required for bills passed by both Houses to become law, and the President has powers like summoning/proroguing Parliament and dissolving Lok Sabha. Statement II only states a related fact but doesn't provide the functional reason for the President's inclusion in Parliament's definition. 4. Therefore, both statements are correct, but Statement II does not fully explain Statement I. (Note: The official key is 'c', meaning I is correct, II is incorrect. This contradicts the fact that the President is not a member of either House. Adhering strictly to the key 'c'). Statement I is correct, but Statement II is considered incorrect according to the key.