The correct answer is: Statement (I) is correct, but statement (II) is incorrect.
Job evaluation is a technique of assessing the worth of each job in comparison with others throughout the organization. It is a systematic process that uses a set of criteria to compare jobs and assign them a value. The purpose of job evaluation is to ensure that jobs are compensated fairly and that employees are paid according to their worth to the organization.
Job rating is a process of assigning a value to a job based on its difficulty, responsibility, and other factors. Job rating is often used as part of the job evaluation process. However, job rating is not the same as job evaluation. Job evaluation is a more comprehensive process that takes into account a wider range of factors.
Statement (I) is correct because it accurately describes the purpose of job evaluation. Statement (II) is incorrect because it states that job evaluation and job rating are the same. Job evaluation is a more comprehensive process than job rating.