The correct answer is option (2) Both Statement I and Statement II are correct and Statement II is not the correct explanation of Statement I.
Statement I: Insulin is a globular protein.
This statement is correct. Insulin is a protein that is responsible for regulating blood sugar levels. It is a globular protein, which means that it has a compact, spherical shape.
Statement II: Gum is a polymer of more than one type of monosaccharides.
This statement is also correct. Gum is a type of polysaccharide, which is a long chain of sugar molecules. Gums are typically made up of more than one type of monosaccharide, such as glucose, galactose, and fructose.
However, Statement II is not the correct explanation of Statement I. The fact that gum is a polymer of more than one type of monosaccharide does not explain why insulin is a globular protein. The shape of insulin is determined by its amino acid sequence, not by the type of sugar molecules that it is made up of.
Therefore, both statements are correct, but Statement II is not the correct explanation of Statement I. | 
