Correct option is D
Given the information in the statements:
Statement I: The tool which is used to insert decorative text in a document is called Clipart.
Analysis: This statement is incorrect. Clipart refers to pre-made images or illustrations that can be inserted into documents, not to tools for inserting decorative text. Tools for inserting decorative text are typically called "Word Art" or "Text Effects" in most document editing software.
Statement II: The purpose of using Keyboard shortcut CTRL + X followed by CTRL + V for a selected text paragraph in a document is to Cut and Paste.
Analysis: This statement is correct. CTRL + X is the shortcut for cutting (removing text or data and placing it on the clipboard), and CTRL + V is the shortcut for pasting (inserting the clipboard contents into a new location in the document).
Based on the analysis the correct answer is (d) Statement I is false but Statement II is true