Statement-I is correct. The Indian Flying Fox (Pteropus giganteus), a large fruit bat, was historically categorized under Schedule V (vermin category) of the Wild Life (Protection) Act, 1972. This classification was primarily due to its impact on agricultural crops, particularly fruits. Although its legal protection status has been revised in subsequent amendments, its historical classification and common perception as vermin remain relevant.
Statement-II is incorrect. The Indian Flying Fox is a frugivore and nectarivore, feeding predominantly on fruits, nectar, and flowers. It does not consume the blood of other animals. This dietary characteristic distinguishes it from true vampire bats, which are not found in India. The species contributes significantly to ecosystem health through seed dispersal and pollination.