Given below are two statements :

Statement I : The reactance of an ac circuit is zero. It is possible that the circuit contains a capacitor and an inductor.

Statement II : In ac circuit, the average power delivered by the source never becomes zero.

In the light of the above statements, choose the correct answer from the options given below.

1. A Both Statement I and Statement II are true.
2. B Both Statement I and Statement II are false.
3. C Statement I is true but Statement II is false. Correct answer
4. D Statement I is false but Statement II is true.