Given below are two statements:
Statement-I: Red muscle fibres are aerobic muscle fibres. 
Statement-II: Red muscle fibers possess a higher concentration of a red-colored oxygen-storing pigment known as myoglobin.

In light of the above statements, choose the correct answer from the options given below:

Muscle contains a red-coloured oxygen storing pigment called myoglobin. Myoglobin content is high in some of the muscles, which gives a reddish appearance. Such muscles are called the red fibres. These muscles also contain plenty of mitochondria which can utilise the large amount of oxygen stored in them for ATP production. These muscles, therefore, can also be called aerobic muscles.