- Statement-I: This statement is false. The dissolution of the Soviet Union and the Eastern European socialist bloc had significant global political repercussions, concluding the Cold War and initiating substantial geopolitical shifts. The United States ascended as the sole global superpower, accompanied by a global trend towards liberal democracies and market-based economies.
- Statement-II: This statement is true. The cessation of the Soviet Union and the Eastern European socialist bloc led to the formation of numerous new sovereign nations, each with distinct political structures and ambitions. Nations such as Ukraine and Latvia achieved independence and pursued the redefinition of their national identities and political trajectories.
Consequently, the accurate determination is (D) Statement-I is false, while Statement-II is true.