Given below are two statements.
Statement $I$: According to the Ellingham diagram,any metal oxide with higher $\Delta G^{\circ}$ is more stable than the one with lower $\Delta G^{\circ}$.
Statement $II$: The metal involved in the formation of oxide placed lower in the Ellingham diagram can reduce the oxide of a metal placed higher in the diagram.
In the light of the above statements,choose the correct answer from the options given below.

• A
  Both Statement $I$ and Statement $II$ are correct.
• B
  Both Statement $I$ and Statement $II$ are incorrect.
• C
  Statement $I$ is correct but Statement $II$ is incorrect.
• D
  Statement $I$ is incorrect but Statement $II$ is correct.