Step 1: Understanding the Concept:
TBA method is used to measure lipid oxidation.
It detects malonaldehyde, a secondary oxidation product.
Step 2: Key Formula or Approach:
No specific formula.
Need to understand the TBA method.
Step 3: Detailed Explanation:
Statement I: TBA method is useful for estimating autoxidation - true.
Statement II: TBA reacts with malonaldehyde to form a red complex - true.
Thus, both statements are true.
Step 4: Final Answer:
Both Statement I and Statement II are true.
Hence, the correct option is (A).
\bigskip