The correct answer is option C: Both (I) and (II) are correct.

Explanation :

The Directive Principles of State Policy (DPSPs) are guidelines and principles that the government of India should keep in mind while framing policies and laws. They are enshrined in Part IV of the Constitution of India, from Article 36 to Article 51.

Statement (I) is correct because the DPSPs aim to establish socio-economic democracy in the country. They aim to promote the welfare of the people by ensuring social, economic, and political justice, among other things.

Statement (II) is also correct because the provisions contained in DPSPs are not enforceable by any court. Unlike fundamental rights, which are justiciable, DPSPs are non-justiciable. However, it is the duty of the government to implement these principles and strive towards achieving them.

Therefore, both statements are correct.