Given below are two statements. In the light of the above statements, choose the most appropriate answer from the options given below.
Statement I:The New Economic Policy emphasised liberalisation and privatisation, whose outcome was globalisation.
Statement II:The Asian financial crisis of 1997-99 later dented India's growth.
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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