Step 1: Analyze each statement
- I. Purines and cytosine are common in DNA and RNA — This is correct. Purines (adenine, guanine) and cytosine are found in both DNA and RNA.
- II. Thymine is present only in RNA — Incorrect. Thymine is found only in DNA, not RNA.
- III. Uracil is present in DNA at the place of Thymine — Incorrect. Uracil is found in RNA, not DNA.
- IV. Adenine and Guanine are Purines — This is correct.
Step 2: Conclusion
Statements II and III are incorrect.