Step 1: Understanding the Concept:
This question tests knowledge of conservation methods - in-situ and ex-situ.
Step 2: Detailed Explanation:
Statement I:
Research on species in their natural habitat is called in-situ conservation.
Examples include national parks, wildlife sanctuaries, and biosphere reserves.
This statement is correct.
Statement II:
Cryo bank is a facility for preserving seeds, gametes, or tissues at very low temperatures.
This is an example of ex-situ conservation (off-site conservation), not in-situ.
This statement is incorrect.
Step 3: Final Answer:
Thus, Statement I is correct but Statement II is incorrect, which corresponds to option (C).
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