Five students Atul, Bala, Chetan, Dev and Ernesto were the only one

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This question consists of a question and two statements (I and II). Read and Decide whether the data provided in the statements are sufficient to answer the question or not and

Five students Atul, Bala, Chetan, Dev and Ernesto were the only ones who participated in a quiz contest. They were ranked based on their scores in the contest. Dev got a higher rank as compared to Ernesto, while Bala got a higher rank as compared to Chetan. Chetan’s rank was lower than the median. Who among the five got the highest rank?  

A. Atul was the last rank holder.

B. Bala was not among the top two rank holders.    

A. Statement 1 alone is sufficient, but Statement 2 alone is not sufficient to answer the question
B. Statement 2 alone is sufficient, but Statement 1 alone is not sufficient to answer the question
C. Both statements taken together are sufficient to answer the question, but neither statement alone is sufficient
D. Each statement alone is sufficient

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