Option 1 states that the temperature falls with increasing depth in the interior of the Earth. This is incorrect. In reality, as you go deeper into the Earth, the temperature actually rises. This is due to the high heat generated by radioactive decay and the residual heat from the planet`s formation.

Option 2 suggests that the pressure falls with increasing depth. This is also incorrect. In the Earth`s interior, the pressure actually increases with depth. This is because the weight of the rock and other materials above creates greater pressure on the layers below.

Option 3, which is the correct answer, states that the temperature rises with increasing depth in the Earth`s interior. We already discussed that the heat generated by radioactive decay and the planet`s formation causes the temperature to increase as you go deeper.

Option 4 suggests that both temperature and pressure fall with increasing depth. This is incorrect, as we have established that the temperature actually rises and the pressure increases with depth.

Alert - correct answer should be option 4. This statement correctly describes the changes in both temperature and pressure in the Earth`s interior. The temperature of the Earth`s interior generally decreases with depth, and the pressure also decreases as you go deeper.