Given below are two statements:
Statement I : According to the Ellingham diagram, any metal oxide with higher $\Delta \mathrm{G}^{\circ}$ is more stable than the one with lower $\Delta \mathrm{G}^{\circ}$.
Statement II The metal involved in the formation of oxide placed lower in the Ellingham diagram can reduce the oxide of a metal placed higher in the diagram.
In the light of the above statements, choose the most appropriate answer from the options given below :
