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Given below are two statements. In the light of the above statements, choose the most appropriate answer from the options given below.

Statement I:Ram Manohar Lohia, under Gandhi's influence, propagated the decentralisation of state power and raised slogans such as Jati Todo against casteism.
Statement II:He formed the Congress Socialist Party within the Congress in 1934.
AStatement I is incorrect but Statement II is correct
BBoth Statement I and Statement II are incorrect
CStatement I is correct but Statement II is incorrect
DBoth Statement I and Statement II are correct
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