Statement I: The change in frequency of a gene that occurs merely by chance and not by selection in small populations is called genetic drift.
Statement II: The existence of deleterious genes within the population is called genetic load.
Step 2: Analysis
* Statement I is true: Genetic drift is the change in allele frequency due to chance in small populations.
* Statement II is true: Genetic load refers to the accumulation of deleterious recessive genes in a population.