Given below are two statements: Statement I : Ovulation is caused by LH surge leading to rupture of Graafian follicles. Statement II : Graafian follicle remaining after ovulation transform into corpus luteum and secretes large amount of estrogen. In the light of the above statements, choose the most appropriate answer from the options given below:

1. A. Both Statement I and Statement II are correct
2. B. Both Statement I and Statement II are incorrect
3. C. Statement I is correct but Statement II is incorrect
4. D. Statement I is incorrect but Statement II is correct

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