The correct option is B Statement I is true, statement II is true but statement II is not correct explanation for statement I
In Statement - I, →L=I→ω is the definition of the angular momentum for any rigid body.
In Statement - II, →τ=d→Ldt is also definition for torque but not the reason for the first statement, because it is not relating →L to →ω and moment of inertia I of rigid body.
∴ Option (b) is correct.