Read the following statements and select the correct option. Statement 1: Yeast is single-celled organisms which is used in baking and brewing industry. Statement 2: Yeast carry out anaerobic respiration, i.e., fermentation and release, ethyl alcohol and carbon dioxide.

• A. Both statements 1 and 2 are true and statement 2 is the correct explanation of statement 1.
• B. Both statements 1 and 2 are true but statement 2 is not the correct explanation of statement 1.
• C. Statement 1 is true but statement 2 is false.
• D. Both statements 1 and 2 are false.