Given below are two statements :
Statement I : ${\mathrm{H}}_2{\mathrm{O}}_2$ is used in the synthesis of Cephalosporin
Statement II : ${\mathrm{H}}_2{\mathrm{O}}_2$ is used for the restoration of aerobic conditions to sewage wastes.
In the light of the above statements, choose the most appropriate answer from the options given below :

• A

   Statement I is correct but Statement II is incorrect
   
• Correct answer
  B

  Both Statement I and Statement II are correct
   
• C

  Statement I is incorrect but Statement II is correct
   
• D

  Both Statement I and Statement II are incorrect

Hence, the correct answer is option: 'B'.