Consider the following statements: I. If any question arises as to whether a Member of the House of the People has become subject to disqualification under the 10th Schedule, the President's decision in accordance with the opinion of the Council of Union Ministers shall be final. II. There is no mention of the word 'political party' in the Constitution of India. Which of the statements given above is/are correct?

Statement I is incorrect: Under the Tenth Schedule (Anti-Defection Law), the question of disqualification of a Member of the House of the People on grounds of defection is decided by the Speaker (or Chairman in case of Rajya Sabha), not by the President on the advice of the Council of Ministers. Statement II is also incorrect: The term 'political party' is explicitly mentioned in the Tenth Schedule of the Constitution of India, which was added by the 52nd Amendment Act, 1985. Hence neither statement is correct.