Option 1 states that both statements are individually true and statement II is the correct explanation of statement I. In this case, it means that statement II provides a valid and accurate explanation for statement I.

Option 2 states that both statements are individually true but statement II is not the correct explanation of statement I. In this case, it means that statement II does not accurately explain or support statement I.

Option 3 states that statement I is true but statement II is false. This means that the first statement is correct, but the second statement is incorrect and does not accurately represent the situation.

Option 4 states that statement I is false but statement II is true. In this case, it means that the first statement is incorrect, but the second statement is correct and accurately represents the situation.

The correct answer, option 3, indicates that statement I is true, which means that a law was passed in 2003 granting dual citizenship status to people of Indian origin residing in 16 countries. However, statement II is false because the law does not enable them to participate in economic activities, cast their vote, or get elected to various legislative bodies in India.