Given below are two statements:
Statement (I): As per the Food Safety and Standards (Food Product Standards and Food Additives) Regulations, 2011, Drinks based on fermented milk such as buttermilk and lassi shall contain a minimum of 40% (m/m) fermented milk.
Statement (II): As per the Food Safety and Standards (Food Product Standards and Food Additives) Regulations, 2011, Flavoured fermented milks obtained from fermented milks contain a maximum of 50% (m/m) of permitted non-dairy ingredients including flavourings.
In light of the above statements, choose the most appropriate answer from the options given below.