a. Statement- 1 and Statement- 2 are true, and state-ment- 2 is the correct explanation of Statement- 1.
b. Statement- 1 and Statement- 2 are true but Statement- 2 is not the correct explanation of Statement- 1.
c. Statement- 1 is true and Statement- 2 is false.
d. Statement- 1 is false and Statement- 2 is true.
e. Statement- 1 is false and Statement- 2 is false.
Statement- 1:
Compound (I) is formed not (II).

and
Statement- 2:
Due to the reduction of central ring, 3 four-membered anti-aromatic rings become stable to from (I). In (II), due to the reduction of terminal ring, only one anti-aromatic ring can be stabilised.