Consider the following statements in respect of the Constitution Day :
1. Statement-I : The Constitution Day is celebrated on 26th November every year to
promote constitutional values among citizens.
2. Statement-II : On 26th November, 1949, the Constituent Assembly of India set up a
Drafting Committee under the Chairmanship of Dr. B.R. Ambedkar to prepare a
Draft Constitution of India.
Which one of the following is correct in respect of the above statements?