Given below are two statements:
Statement (I): According to Breed-wise report of Livestock and Poultry, based on 20th Livestock Census (India); Gir and Lakhimi have the highest population among all the cattle breeds.
Statement (II): Out of the total Indian buffaloes (according to Breed-wise Report of Livestock and Poultry based on 20th Livestock Census), 20.3% are pure bred, 34.3% are graded and the remaining 45.4% are non-descript.
In light of the above statements, choose the most appropriate answer from the options given below.