Which of the following statements is true?

Static electricity refers to the accumulation of electric charges on the surface of an insulating material, such as plastic or rubber, due to the transfer of electrons. It typically occurs when two different insulators come into contact and then separate. The insulator surfaces become charged but do not allow the flow of electric current through them.

On the other hand, current electricity refers to the continuous flow of electric charges, typically in the form of electrons, through a conductor. Conductors are materials that have a low resistance to the flow of electric currents, such as metals. Unlike insulators, conductors allow the movement of electrons, enabling the flow of current.

Therefore, static electricity is associated with insulator surfaces, where charges accumulate, while current electricity is associated with electric conductors, where charges can freely flow.

Hence, option "static electricity is induced in insulator surfaces, while current electricity flows in electric conductors" is correct.