The correct option is B Statement-I is true; Statement-II is true; Statement-II is not a correct explanation for Statement-I.
Statement-II: (p→q)↔(∼q→∼p)
⇒(p→q)↔(p→q)
∴ It is always true
Statement-I: (p∧∼q)∧(∼p∧q)
⇒p∧∼q ∧∼p∧q
⇒p∧∼p ∧∼q∧q
⇒f∧f
⇒f
∴ It is true
Clearly, Statement-II is not a correct explanation for Statement-I.