Consider the following statements : Statement–I : Switzerland is one of the leading exporters of gold in terms of value. Statement–II : Switzerland has the second largest gold reserves in the world. Which one of the following is correct in respect of the above statements?

1. (a)Both Statement–I and Statement–II are correct and Statement–II is the correct explanation for Statement–I
2. (b)Both Statement–I and Statement–II are correct and Statement–II is not the correct explanation for Statement–I
3. (c)Statement–I is correct but Statement–II is incorrect
4. (d)Statement–I is incorrect but Statement–II is correct