Given below are two statements:
Statement I: Because of technological strides in recent times, words and times as related to communication have become money.
Statement II: The technological convergence has contributed to the control of mass communication by a few corporates.
In the light of the above statements, choose the correct answer from the options given below

Correct option is A

Both Statement I and Statement II reflect accurate observations about the impact of technology on communication.
Statement I: It states that due to technological advancements, words and time have become analogous to money in communication. This is true as in the digital age, the efficient and impactful use of words and time can have significant economic implications, especially in media, marketing, and information dissemination where content and its timing can greatly influence revenue and engagement.
Statement II: This statement points out that technological convergence has led to the control of mass communication by a few corporates. This is a valid observation as well, given that major technology and media companies have gained significant control over mass communication channels and content due to their technological capabilities and infrastructures.
Therefore, both statements are true, making (a) the correct answer.