Consider the below statements and identify the correct answer. Statement-I: Carbon has the unique ability to form bonds with other atoms of carbon, giving rise to large molecules. Statement-II: This property is called catenation.

Both the statements are correct. Statement-I correctly identifies that carbon has a unique ability to form bonds with other carbon atoms, leading to the creation of large and complex molecules. Statement-II explains this property, known as catenation, where an element can bond with itself to form chains, rings, or networks. This characteristic is fundamental to carbon's versatility in forming various organic compounds.