Given below are two statements:
Statement $I$: In lac operon,the repressor protein binds to the promoter region of the operon and prevents $\text{RNA}$ polymerase from transcribing the operon.
Statement $II$: Regulation of lac operon can also be visualized as regulation of enzyme synthesis by its substrate.
In the light of the above statements,choose the correct answer from the options given below:

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