Given below are two statements.
Statement I - The long term storage places like sediments and oceanic water are termed as 'sinks'.
Statement II - Human activities like fossil fuel burning and deforestation have affected the global carbon cycle.
In the light of above statements, select the correct option given below:
Both statement I and statement II are correct.
Both statement I and statement II are incorrect.
Statement I is correct but statement II is incorrect.
Statement I is incorrect but statement II is correct.