Given below are two statements:
Statement I: Vladimir Lenin founded the Bolshevik Party
Statement II: Joseph Stalin was the successor to Lenin and led the Soviet Union during its consolidation

In the light of the above statements, Choose the correct answer from the options given below
1. Both Statement I and Statement II are true
2. Both Statement I and Statement II are false
3. Statement I is true but statement II is false
4. Statement I is false but Statement II is true

1

Vladimir Lenin (1870-1924) is renowned as the founder of the Bolshevik Communist party, the key figure behind the Russian Revolution of 1917, and the inaugural head of the USSR during its tumultuous early years from 1917 to 1924. He stands out as both an eminent scholar and practitioner of Marxism, serving as a guiding influence for communists globally.

Upon Lenin's death, Stalin was officially hailed as his successor as the leader of the ruling Communist Party and of the Soviet Union itself. Joseph Stalin began rapid industrialization and forcible collectivization of agriculture in the USSR. He is also credited with Soviet victory in the Second World War.