Given below are two statements :
Statement I: Insulin was discovered by Banting and Best in 1921.
Statement II: Insulin controls the process of making glycogen from glucose.
In light of the above statements, choose the most appropriate answer from the options given below: 

Statement I: Frederick Banting and Charles Best are rightly credited with the discovery of insulin in 1921. They successfully extracted insulin from a dog’s pancreas, marking a breakthrough in diabetes treatment. Their discovery revolutionised medicine by providing an effective way to control blood sugar levels in diabetic patients.

Statement II: Insulin plays a vital role in regulating blood glucose levels in the human body. It enables glucose to enter cells, where it is converted into glycogen through the process of glycogenesis for energy storage. Without sufficient insulin, glucose remains in the bloodstream, leading to elevated blood sugar levels and metabolic disorders.