Read the following statements regarding microbes and their commercial products: I. Statins act by competitively inhibiting the enzyme responsible for cholesterol synthesis. II. Streptokinase produced by the bacterium Streptococcus and modified by genetic engineering is used as a 'clot buster'. III. Cyclosporin A is produced by a bacterium Trichoderma polysporum. IV. Lipases are used in detergent formulations and help

Step-by-step solution

Statement I is correct: Statins act by competitively inhibiting the enzyme responsible for the synthesis of cholesterol. Statement II is correct: Streptokinase is produced by the bacterium Streptococcus and is modified by genetic engineering to be used as a clot buster. Statement III is incorrect: Cyclosporin A is used as an immunosuppressive agent, but it is produced by the fungus Trichoderma polysporum, not a bacterium. Statement IV is correct: Lipases are used in detergent formulations and are helpful in removin