Given below are two statements.
Statement I: DNA is preferred for storage of genetic information due to its high stability.
Statement II: RNA is preferred for transmission of genetic information as it acts as a messenger, adaptor, and also as a catalyst.
In light of the above statements, choose the correct answer from the options given below.

Statement I is correct. DNA is preferred for the long-term storage of genetic information because of its high stability. The double-stranded structure of DNA, formed by complementary base pairing (A with T, and G with C), helps protect the genetic information from damage. Additionally, DNA repair mechanisms are highly efficient in maintaining the integrity of the DNA molecule. These characteristics make DNA an excellent molecule for storing genetic instructions over generations.

Statement II is also correct. RNA plays a crucial role in the transmission and expression of genetic information. It serves as a messenger in the process of transcription, carrying the genetic code from DNA to the ribosome, where protein synthesis (translation) occurs. RNA also acts as an adaptor in the form of transfer RNA (tRNA), ensuring that the correct amino acids are incorporated into a growing protein chain during translation. Additionally, some types of RNA, such as ribosomal RNA (rRNA) and ribozymes, have catalytic roles in various cellular processes, including protein synthesis and RNA processing.

Therefore, statements I and II are correct.