Examine the following statements and select the correct option :
Statement 'A': Some land area of India is situated in the northern hemisphere and some in the southern hemisphere.
Statement 'B': The extension of India from north to south is approximately more than 7500 km.
1. Statements 'A' and 'B' both are correct
2. Statements 'A' and 'B' both are incorrect
3. Statement 'A' is correct but statement 'B' is incorrect
4. Statement 'A' is incorrect but statement 'B' is correct