An Operating System (OS) is an interface between a computer user and computer hardware. Statement I: An operating system controls peripherals, and allocates memory and processor time. Operating System The main task an operating system carries out is the allocation of resources and services, such as the allocation of memory, devices, processors, and information. The operating system also includes programs to manage these resources, such as a traffic controller, a scheduler, a memory management module, I/O programs, and a file system. The purpose of an operating system is to provide an environment in which a user can execute programs in a convenient and efficient manner. it manages the allocation of computer hardware. Hence Statement I is correct. Statement II: An operating system provides Internet access. An operating system does not provide internet access. Note that it should not be confused with a web operating system. A Web Operating System is an internet-based user interface that allows people to access applications not stored on their computers but completely or partly on the Internet. It is a dummy operating system that does not directly interact with computer hardware and depends on the traditional operating system to work. Hence statements II is incorrect. Therefore the correct answer is Statement I is true but Statement II is false.