Consider the following statements and select the correct answer using the code given below: 1. The rate of evaporation is higher in the Northern Hemisphere as compared to the Southern Hemisphere. 2. The rate of precipitation is higher in the Southern Hemisphere as compared to the Northern Hemisphere.

• A. Only 1 is correct         
• B. Both 1 and 2 are correct
• C. Only 2 is correct      
• D. Neither 1 nor 2 is correct